MC Global Gas Corporation and Diamond Gas International Select Sapient Global Markets for ETRM Solution Implementation Relating to LNG Business
HOUSTON–(BUSINESS WIRE)–Sapient
Global Markets, a leading global provider of business technology and
consulting services for the financial and commodity markets, today
announced it has been selected as a system implementation partner by MC
Global Gas Corporation (“MCGG”) and Diamond Gas International Pte. Ltd.
(“DGI”), both of which are wholly-owned subsidiaries of Mitsubishi
corporation.
MCGG and DGI have developed a new LNG business model to export LNG from
the Cameron LNG terminal near the Gulf of Mexico in North American for
supply to various markets of the world. As natural gas production in
recent years has increased considerably within the North American
market, it has created opportunities to export LNG across the world.
As part of the new LNG project, one of the first steps for MCGG and DGI
was to select and implement an Energy Trading Risk Management (ETRM)
platform. The requirement for a new ETRM system was identified to
support the entire LNG Value Chain, including procurement of feed gas,
gas transportation and delivery to the Cameron LNG plant, as well as
logistics for delivery to customer terminals, including vessel & voyage
management, diversions, and schedule changes.
After a detailed evaluation, and a review of the market, MCGG & DGI
selected Sapient Global Markets as its strategic partner for ETRM
implementation, due to its proven capabilities in delivering successful
projects on the platform.
“We are happy to select Sapient Global Market as our partner for the
ETRM implementation, which enables us to establish a platform to manage
LNG export businesses from Cameron LNG facility,” commented by Mineko
Hida, Executive Vice President, MCGG, Houston, TX.
“The new ETRM platform will act as the backbone for the LNG export
operations, managing every facet of the business. This requires skills
and experience in delivering these implementations to ensure a high
availability, high performance platform that meets all of the required
service levels,” commented Pawan Vaswani, Director at Sapient Global
Markets. “Our ability to deliver a single team comprised of skilled
project managers, ETRM specialists and LNG experts sets us apart. I’m
delighted to be working with MCGG & DGI on this new project.”
About Sapient Global Markets:
Sapient Global Markets, a part of the Publicis.Sapient digital
transformation platform, is a leading provider of services to today’s
evolving financial and commodity markets. We offer services and unique
methodologies across business consulting, user experience, operations,
program management, technology development and solutions. Fusing
creativity, technology and industry expertise, we enable our clients to
grow and enhance their businesses, create robust and transparent
infrastructure, manage costs, and foster innovation to their customers
and throughout their organizations. Sapient Global Markets operates in
key financial and commodity centers worldwide, as well as in large
technology development and operations outsourcing centers globally. For
more information, visit www.sapientglobalmarkets.com.
Contacts
Sapient Global Markets
Geoff Whitehouse, +44 (0) 207 456 6550
[email protected]