Amphora’s CTRM service selected by GAIL (India) Limited for their LNG Trading operation
Amphora’s CTRM and Freight Management service has been selected by the largest state-owned natural gas processing and distribution company in India.
Having made the decision to purchase a Commodity Trading and Risk Management Solution, GAIL ran a competitive CTRM selection process involving all the leading CTRM vendors. The selection process involved multiple rounds of demonstrations as well as proof of concept exercises within LNG.
After a thorough evaluation process, GAIL selected Amphora’s Symphony CTRM solution.
Amphora was able to demonstrate extensive commodity trading and risk management expertise together with a detailed knowledge of the shipping industry so crucial within LNG. While no CTRM solution currently meets all of a client’s business requirements for LNG within the Indian market, Amphora demonstrated the aptitude to address such requirements and become a trusted partner.
About GAIL:
GAIL is a Maharatna public sector undertaking primarily engaged in the trading and transmission of natural gas in India. GAIL is present across the gas value chain and is engaged in businesses ranging from exploration and production of oil and natural gas, production of liquid hydrocarbons & petrochemicals and retailing of compressed natural gas/ piped natural gas.
Further information on Gail : gailonline.com
Amphora is a global leader in commodity trading and risk management (CTRM) software, built for complexity and proven for over 30 years. Its Symphony and Alchemy platforms support the full trade lifecycle for firms trading crude oil, refined products, biofuels, coal, ore, LNG, metals and concentrates, delivered on a single-branch, highly configurable architecture with no forked code bases and no scripting. Amphora is delivered end-to-end by Amphora personnel from development and service centres in Dubai, the UK, India and the USA. Learn more at amphora.net.