NEWS RELEASE February 7, 2017
TruMarx Data Partners Launches LNG Tender Workshops
–Experts Will Demonstrate How to Utilize the COMET Transactional Platform to Originate Liquefied Natural Gas (LNG) Tenders —
Chicago (February 7, 2017) – TruMarx Data Partners, Inc., the creator of COMET, the energy industry’s innovative on-demand platform for custom, confidential bilateral transactions, today announced the availability of complimentary regional tender workshops designed to provide instruction to LNG market participants how to use COMET to originate LNG tenders.
During these workshops, experts will use COMET to walk participants through the entire work flow process required to originate, negotiate and execute a confidential, custom, bilateral LNG tender, including:
• Pre-tender considerations
• Tender launch
• Comparison of bids
• Post-tender documentation
• Hedging strategies
“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”, said Jon Olson, Founder and CEO. “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”.
Attendees also will receive:
• Templates of key legal documents including the MSA, Confirmation Notice and Letter of Credit
• A hands-on demonstration of the COMET™ transaction platform
• An Excel-based tool enabling you to compare and determine the best price from competing bids on different indices
The workshops are complimentary and available to the first 20 respondents. The tentative schedule so far is:
• Madrid 2.13.17
• Athens 2.15.17
• Dubai 3.12.17
• Tokyo 4.3.17
• Hong Kong 4.5.17
We are interested in hearing from you if you are able to attend one of these workshops, or if you have recommendations for other locations and dates. We will do our best to accommodate your needs.
About TruMarx Data Partners
Headquartered in Chicago, TruMarx Data Partners, Inc. is an experienced team of energy professionals with an established track record in delivering powerful technology solutions for today’s energy market challenges. Led by Jon B. Olson, a thirty-year veteran CEO in the energy markets, the core team has been together for nearly 20 years, developing successful software products, data solutions, and custom projects for energy customers around the globe. Using the internet as a delivery system and employing an open architecture, the team specializes in the connection of large communities of transactors via web-enabled software tools and the normalization of complex proprietary transactional data, so that disparate counterparties all speak the same “language”. In addition to winning multiple awards for software innovation and data management, the TruMarx team has helped hundreds of energy market participants, such as exchanges, brokers, producers, consumers, and industry associations, achieve operational efficiency and market leadership.
For more information on TruMarx or COMET visit www.trumarx.com or call 1+312-286-1809.