LNG Sale and Purchase Agreement Management demo
Side letters read into each clause of an LNG agreement, so the contract desk works its notices, volumes and deadlines from the wording in force. 1:21
What the demo shows
Tracks LNG sale and purchase agreement obligations, notices and volumes for contract managers.
Agents read each agreement and every later paper into one record, place every obligation on a wheel of the contract year, keep the volume balance and draft notices. One person prepares, a second opens the sources and signs, and a person sends. Agents never send anything to a counterparty.
Transcript
- LNG Sale and Purchase Agreement Management tracks duties, notices, and volumes for contract managers.
- These deals change by letter.
- 307 of 1,460 duties moved.
- The year will show one contract year.
- December 17th, the desk wants to divert the February 18th cargo and counts 18 days.
- The agents stack every later paper on the clause.
- A 2021 side letter made it 60 days.
- December 20th, one working day left.
- Agrum has the notice drafted.
- Marcus reads paragraph 3 of the letter, the clause, and the notice rule himself, then signs that afternoon.
- Agrim sends it. Agents never send, and every step is on the audit trail.
- About $2.4 million stays in play until the seller agrees.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.