In the dynamic world of natural gas scheduling, changes in base loss and rate percentages are a common occurrence. This volatility stems from various factors such as market dynamics, regulatory shifts, operational costs, infrastructure upgrades, economic fluctuations, contractual amendments, and seasonal demand fluctuations. Maintaining fair and flexible pricing mechanisms is crucial to ensuring equitable transactions within the industry. Therefore, regular updates are essential to adapt to these ever-evolving influences, thereby fostering a just and efficient natural gas transportation system.
For clients, staying informed about these changes is vital to assess contract profitability and reconcile monthly statements accurately. Recognizing the need for a more streamlined approach, Middle Office users often take steps to automate loss and rate calculations, along with inputting corresponding percentages into Allegro. This enhancement is specifically tailored for pipelines operating on mileage-based rates, aiming to enhance efficiency and accuracy.
Our solution revolutionizes loss and rate calculations in Allegro by automating the tedious manual process. Allegro’s existing functionality calculates losses and rates based on mileage. To designate a service as mileage-based, users simply set the ‘Mileage Based’ flag to true and ensure accuracy in mile markers along the pipeline. To tackle dynamic base percentages, our solution introduces automation for seamless insertion, calculation, and verification of losses and rates at 0.5-mile increments.
We’ve developed the ‘Mileage Based Parameters’ view with ‘Parameters’ and ‘Details’ panes, tailored for precision in Mileage-Based services. Users input essential data, and our system accurately computes Loss and Rate percentages.
Furthermore, we’ve implemented key functions to enhance operational efficiency:
Calculates mileage between Delivery and Receipt points and populates Loss and Rate percentages in the Details pane
Seamlessly transfers calculated loss percentages per 100 miles into the Losses view of Natural Gas Service.
Mirrors this function
by transferring rate calculations
seamlessly.
For added validation, Delivery and Receipt points are included in the Index sidebar, allowing users to easily verify loss percentages and measure distances between selected points.
We’ve developed a comprehensive solution to address identified issues. Our system effortlessly imports real-time prices, rectifies missing or incorrect data, and issues real-time alerts for proactive problem-solving. Prioritizing data integrity, centralized management, transparency, and compliance; it significantly improves business performance and guarantees accurate valuations.
Our solution harnesses Allegro’s built-in capacity to compute losses and rates based on mileage between pipeline points. Through a single specialized view, we’ve introduced three key functionalities that greatly streamline mid-office operations, automating the insertion, calculation, and validation of losses and rates within Allegro. This innovative approach not only boosts efficiency but also minimizes errors, guaranteeing data precision and integrity. It is the fusion of streamlined automation with the utilization of Allegro’s existing capabilities that distinguishes our solution from others, marking it as a standout choice for optimizing natural gas scheduling processes.
Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.
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you may opt out at any time by replying “STOP.”