Gas Shipping Platform
A gas shipper buys, sells, and arranges for the transportation of gas through transportation networks owned by gas transporters. With both large-scale shippers for multiple suppliers, and many suppliers who now ship just for themselves, it is important to have a powerful, reliable, and scalable solution to their gas shipping needs.
Smart, flexible automation for gas shipping
Procode’s Gas Shipping Platform is used by leading shippers in the market to automate previously resource-intensive tasks.
Intuitive dashboards make the business of understanding flows, demand forecasting and in-day balancing simpler, and can help small suppliers shipping for themselves reduce their costs as well as large shippers handle multiple suppliers.
Trade management
Demand forecasting
Multi-supplier capability
Shipper level invoicing
The Gas Shipping platform utilises the Azure tech stack, making it possible to scale the system massively when required – this makes it possible for the system to cater for a range of portfolio sizes.
Matt Barrett
Software Engineer
How does it work?
The Gas Shipping Platform dashboards offer a simple but powerful snapshot of your volume position in the days and months ahead, directly alongside any additional clients’ meter activity. Use data-driven insights to back up the next trade or operational action within a portfolio and gain insight into the mark-to-market valuation on your open position using real-time data. Access the UK Link network through a dedicated hosted information exchange connection or connect through an existing IX service.
Trade management
Manage the open position between trades and demand and capture counterparty trades all in one place. View in-day, day ahead or any period up to a year ahead and gain insight into the mark-to-market valuation on your open position, using real-time data.
Smart forecasting
Intelligently manage your position with the help of Gas Shipping Platform's forecasting features with regular weather adjustments throughout the day, helping to minimise imbalance over your entire portfolio and get insight into short and long-term volumes by supplier.
Intuitive dashboards
The Gas Shipping Platform dashboard offers a simple but powerful snapshot of your volume position in the days and months ahead, directly alongside any additional clients’ meter activity. Use data-driven insights to back up the next trade or operational action within a portfolio.
What are the benefits?
The Gas Shipping Platform is scalable, with the ability to handle a portfolio of any size, for both domestic and non-domestic supply, giving actionable insights for trading and operations teams.
Track shipper invoicing
Take the pain out of the complex invoices that come from the industry. Manage all shipper invoice data and calculate and apportion charges and unidentified gas (UIG). With multiple suppliers, multiple split out invoices can be created.
Trade management
Understand your position in real-time. Manage the open position between trades and demand and capture counterparty trades all in one place. View in-day, day ahead or any period up to a year ahead and gain insight into the mark-to-market valuation on your open position.
Portfolio Management
Your portfolio is kept up to date with the latest reads available, ensuring you have the most accurate insight into volume requirements and to aid in trade management and demand forecasting.
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Learn more about how our powerful platforms can help you to make smart decisions to reduce the cost to serve, increase efficiency, and grow revenues.
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