September 27, 2022

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Golden Pass LNG selects ION Commodities | Countrywide

Golden Pass LNG’s choice is a testomony to ION’s confirmed good results in delivering alternatives to strength and commodity-intense firms.

HOUSTON, July 21, 2022 /PRNewswire-PRWeb/ — ION Commodities, the global leader in Energy and Commodity administration solutions, is delighted that Golden Go LNG, owned by affiliates of QatarEnergy and Exxon Mobil Company, has picked ION Openlink to take care of its actual physical and financial natural gas and liquefied organic gas (LNG) portfolio wants.

Golden Move LNG is utilizing ION’s Openlink commodity management answer ahead of commencing operations of its liquefaction terminal in 2024. The firm’s objective is to generate a extremely automated transaction processing backbone and present state-of-the-art choice help to its industrial personnel. ION Openlink was chosen for its potential to assist complicated buying and selling types and scale to help anticipated company advancement in the a long time forward.

ION Openlink accommodates the evolving small business desires of LNG traders, liquefaction plant owners, and LNG potential owners. It manages their positions, contracts, and optionality all through the benefit chain which include the modelling of liquefaction and regasification processes. Openlink equips businesses with actual-time hazard analytics and reporting applied to reduce provide chain dangers, automate essential business enterprise processes, and make quicker, additional educated decisions.

Richard Grossi, CEO of ION Commodities, mentioned, “In today’s aggressive commodity and electricity markets, organizations will need to uncover new trading alternatives and lessen pitfalls. ION Openlink can help massive vitality and commodity-intensive firms obtain this on a solitary system in true time, when cutting down prices. We’re very pleased to be at the forefront of the sector and delighted to welcome Golden Move LNG to our ION Commodity neighborhood.”

This new partnership amongst ION Commodities and Golden Pass LNG, is an example of the rising LNG community on the lookout to ION for methods with its profitable monitor record of delivering similar alternatives at other key LNG corporations.

About ION

ION supplies mission-essential trading and workflow automation computer software, superior-worth analytics and insights, and strategic consulting to fiscal institutions, central financial institutions, governments, and corporates. Our alternatives and providers simplify intricate processes, boost effectiveness, and enable superior final decision-earning. We create extensive-expression partnerships with our customers, assisting change their enterprise for sustained success as a result of continuous innovation. For more info, visit https://iongroup.com/.

About ION Commodities

ION Commodities provides knowledge-pushed vitality and commodities buying and selling and chance administration remedies throughout the offer chain. Our scalable ETRM and CTRM alternatives equip customers with authentic-time hazard analytics and reporting, which minimize provide chain pitfalls, automate important enterprise processes, and make speedier, far more educated choices. We give comprehensive guidance and transparency for procurement, provide, and trading to a world wide local community of around 1,200 customers. For more details, visit https://iongroup.com/commodities/.

About Golden Move LNG

Golden Move LNG, owned by affiliates of QatarEnergy (70%) and Exxon Mobil Company (30%), is setting up a venture to insert liquefaction and export capabilities to its present liquefied all-natural gas terminal in Sabine Pass, Texas. Golden Move LNG created and has operated the existing LNG import facility and distribution pipeline due to the fact 2005. For much more data, visit https://goldenpasslng.com/

Media Get in touch with

ION Press AND MEDIA, ION, +44 20 7173 1520, [email protected]

HAWTHORN ADVISORS, HAWTHORN ADVISORS, +44 20 3745 4960, [email protected]

Resource ION