TerraMar, Energy Perspectives in LNG analytics JV

GPS asset tracking provider TerraMar Networks entered into an agreement with Energy Perspectives, expert consultancy in natural gas based in Norway, to collaborate on innovative global analytics services for the LNG market.

iGIS/LNG is the first, combined real time tracking and business application for natural gas producers, traders, importers, ship owners and financiers, and is the result of a combination of TerraMar’s AIS data and Energy Perspective’s Business Intelligence systems.

The LNG market is changing rapidly, underpinned both by new global sources of supply and by growth in demand for this attractive energy source. For operators and traders involved in this increasingly volatile market, high quality and immediate information is essential.

These capabilities have traditionally required several applications and time-consuming manual work. However, the iGIS/LNG service, designed by natural gas professionals, will give end users a global insight into all data concerning current and planned projects and vessels, plus powerful gas market analytics and reporting in a uniquely comprehensive system.

iGIS/LNG’s innovative features include:

• Real-time graphics and reports for specific markets and needs, selected from thousands of locations and data of interest, viewed using any web browser;
• Global, “moving earth” display of all LNG vessels, with sailing projected in full animation, and drilldown to sailing history;
• Deep business intelligence and real-time analytics to identify supply potential at any point in the global system, identifying each vessel by days to market;
• URL links to national and industry resources, terminal and TSO operational websites, terminal and vessel owners and operators;
• Specialty models for natural gas and LNG dispatching and operational scheduling, valuation, optimal routing and market flows.

Press Release, August 13, 2014; Image: TerraMar Networks