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.