The LNG market is in a state of transition, shifting from rigid, end-to-end trading into a globalised commodity. The market is experiencing a global demand growth, giving rise to larger and more complex LNG distribution networks. Within this broader trend, the wholesale market is exhibiting a paradigm shift from long term contracts to short term and increased number of contracts (primarily midstream) as further complexity and more countries are involved in importing.
To address these challenges, Quorum has developed the Energy Components (EC) software suite in close collaboration with leading companies in the oil and gas industry. EC is a fully integrated software solution supporting all aspects within the LNG domain.