During the workshops, attendees will be taught how to use the technology to originate, negotiate and execute a confidential, custom, bilateral LNG tender. This will include pre-tender considerations, tender launch, comparison of bids, post-tender documentation and hedging strategies.
Jon Olson, the Founder and CEO of the company, said: “We are excited to introduce COMET personally to originators in the LNG market. We are extremely pleased to partner in the presentation of these workshops with our valuable advisors Capra Energy. Capra has earned a reputation for deep expertise in the LNG markets, and will help us provide comprehensive training to those market participants who want to navigate the LNG markets with confidence and professionalism.
"Many of our existing customers and prospects are relatively new to transacting in the LNG market. This workshop is designed to give them the tools they need to compete most effectively.”
In addition to this, attendees will receive templates of key legal documents, including the MSA, confirmation notice and letter of credit. They will also receive a hands-on demonstration of the solution, as well as an Excel-based tool, which allows the comparison and determination of the best price from competing bids on different indices.
So far, the tentative schedule is as follows: Madrid (13 February 2017); Athens (15 February 2017); Dubai (12 March 2017); Tokyo (3 April 2017); and Hong Kong (5 April 2017).
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/08022017/trumarx-launches-workshops-for-its-comet-technology/