World's First Marketplace Driving Greater Emissions Transparency in
Natural Gas

 
 
 
GettyImages-1169699900.jpg
 

Certified Gas Hub

Designed in association with methane abatement non-profit MIQ to raise industry awareness of methane reduction benefits

  • Centralized Hub (dashboard) for all bids and offers

  • All Hub gas certified based on methane emissions at production

  • Increase certified gas liquidity & price transparency

  • Capture certification specs & attach certificates

  • Empirical understanding of emissions impact with each transaction

What is COMET?

COMET is an Energy Transaction as a Service (ETaaS) marketplace developed by TruMarx Data Partners, Inc.  With a community of producers, marketers, and end buyers of 17 different energy assets classes, the COMET ETaaS platform enables community members to expand their reach to meet specific, bespoke energy transaction requirements.  Working with industry leading Responsibly Sourced Gas (RSG) certifiers, COMET offers the energy market the ability to transact in RSG today.  

 

Join the COMET Community and take action on meeting your ESG goals today!

 


COMET User Testimonials

agreement-business-businessmen-886465%25252B4.jpg
 
 

News & Events


Innovative Certified Natural Gas Trading Marketplace CG HUB Marks One-Year Anniversary

CHICAGO, June 26, 2024 /PRNewswire/ -- CG Hub, a pioneering certified gas marketplace, is delighted to announce its one-year anniversary. Over the past year, this platform has revolutionized the way certified natural gas is traded, providing transparency, efficiency, and liquidity to the certified gas industry.

Since its launch, CG Hub's certified natural gas trading marketplace has garnered widespread acclaim for its innovative approach to addressing the challenges facing the certified natural gas market. By leveraging cutting-edge technology and a commitment to sustainability, CG Hub has facilitated seamless transactions while reporting compliance with important environmental standards.

"We are excited to celebrate the one-year anniversary of our certified natural gas trading platform," said Jon Olson, CEO of CG Hub. "In just one year, we have witnessed remarkable growth and transformation within the industry. Our platform has simplified trading processes while paving the way to a more sustainable future."

One of the key features of CG Hub's platform is its ability to trade certificates from all certifiers, including unique evidence of gas quality from companies that choose to self-certify. Through their various processes, certifiers verify the origin and environmental attributes of certified natural gas. Establishing liquidity for certified gas transactions, the CG Hub marketplace facilitates transactions that enable a) buyers to make informed decisions that align with their environmental goals and b) sellers to monetize their efforts to produce lower carbon natural gas.

In addition to enhancing market liquidity and price transparency, CG Hub drives efficiency and reduces transaction costs for participants. Using advanced analytics and ongoing price monitoring, traders can access critical market data and gain insights, empowering them to make smarter transactional decisions.

Over the past year, CG Hub has continued to expand its platform's reach, forging strategic partnerships with leading industry players and regulatory bodies. These collaborations have enabled the platform to scale rapidly and establish itself as a trusted marketplace for certified natural gas transactions. The marketplace is experiencing ever-increasing volume of originations to buy or sell certified gas bundled with certificates and unbundled certificates. Just last week, valued members, including Ascent Resources, Virginia Natural Gas (a subsidiary of Southern Company Gas), and Seneca Resources executed transactions involving both physical gas and unbundled certificate asset classes.

Ken Yagelski, Director of Gas Supply for Southern Company Gas said, "by using CG Hub, we can see activity at multiple locations, analyze pricing in various markets, and interact with an array of counter parties as we choose. By using CG Hub, we see more of the market on one screen."

"CG Hub allows us to market certificates to a broader audience than we can using our legacy, manual processes," said Rob Lindroos, Senior Manager, Marketing for Seneca Resources.

Chaz Allen, Director, Marketing and Transportation for Ascent Resources said, "the CG Hub's ability to support transactions in both the physical gas, including certificates, and unbundled certificates without physical gas attached allows us to meet the varying needs of our customers."

As CG Hub looks ahead to the future, it remains committed to driving innovation and sustainability within the natural gas industry, including supporting additional asset classes. By harnessing the power of technology and collaboration, the company aims to further assist its customers to accelerate their transition to a low-carbon economy.

To learn more about CG Hub's certified natural gas trading platform, please visit www.trumarx.com/cg-hub.

About CG Hub

Headquartered in Chicago with offices throughout the US, TruMarx Data Partners, Inc. is an experienced team of energy professionals with an established track record delivering powerful technology solutions, including the marketplaces COMET and CG Hub, to meet energy market challenges facing global customers, including the measurement of specific transactional attributes required to quantify ESG goals.

About Seneca Resources Company, LLC

Seneca Resources Company, LLC (Seneca), is the exploration and production segment of National Fuel Gas Company. Headquartered in Houston, Texas, Seneca explores, develops and produces natural gas in the Appalachian Region, including the Marcellus and Utica Shales. More information on Seneca can be found at nationalfuel.com.

About Virginia Natural Gas

Virginia Natural Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company. Virginia Natural Gas provides natural gas service to more than 310,000 customers in southeast Virginia. Named a Top Workplace in 2023, Virginia Natural Gas also has been recognized as one of the safest, most reliable and customer-focused natural gas service providers and is consistently ranked in the top quartile for customer satisfaction by J.D. Power and Associates. Visit virginianaturalgas.com.

About Southern Company Gas

Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company, America's premier energy company. Southern Company Gas serves approximately 4.4 million natural gas utility customers through its regulated distribution companies in four states and approximately 660,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines. Visit southerncompanygas.com.

About Ascent Resources

Ascent is one of the largest private producers of natural gas in the United States and is focused on acquiring, developing, and operating natural gas and oil properties located in the Utica Shale in southern Ohio. With a continued focus on good corporate citizenship, Ascent is committed to delivering cleaner burning, affordable energy to our country and the world, while reducing environmental impacts. Visit ascentresources.com.

SOURCE CG Hub

Seneca Resources and Northeast Natural Energy Join CG Hub’s
Certified Natural Gas Trading Platform

Leading Natural Gas Producers Become First Subscribers Providing Liquidity on World’s First
Electronic Trading Platform for Certified Natural Gas and Certificates

CHICAGO, Ill.: 12 June 2023 — CG Hub, the world’s first commodities trading platform focused exclusively on certified natural gas and certified natural gas certificates, today announced that Seneca Resources Company, LLC (Seneca) and Northeast Natural Energy (Northeast) have joined its certified natural gas platform. Effective immediately, Seneca and Northeast will be providing access to over 1 billion cubic feet per day of certified natural gas liquidity through CG Hub.

The first commodities trading platform of its kind to create a marketplace for certified natural gas and related certificates, CG Hub was developed in collaboration with MiQ, creator of the industry standard independent audit certification for methane gas emissions. Supporting primary and secondary market trading in natural gas and related certificates from all certifiers, CG Hub creates a transparent, centralized platform for bids and offers, along with a detailed audit trail of certification details and methane emissions levels for each transaction.

“Certified natural gas is the bridge to the future of sustainability. By creating a trading platform that supports a vibrant and dynamic marketplace in certified natural gas, we believe CG Hub will play a critical role in driving market-led transformation of the natural gas industry,” said Jon Olson, CG Hub Chief Executive Officer. “We’re proud to welcome Seneca and Northeast as liquidity providers on the platform and we expect to be announcing more liquidity providers in the coming weeks.”

Currently, approximately one-third of the total U.S. natural gas supply has been independently certified. With major producers, marketers, and buyers rapidly moving to certify their supply chains, the market for certified natural gas is expected to grow exponentially in the coming months, with certified supply commanding a price premium over non-certified natural gas. As the only trading hub for this fast-moving marketplace, CG Hub is poised to become a foundational component in the industry’s transformation to certified natural gas.

“Seneca has committed to being a leader in the transition to certified natural gas, with 100% of our natural gas production certified under Equitable Origin’s EO100TM Standard for Responsible Energy Development and under the MiQ Standard for Methane Emissions Performance with an ‘A’ certification grade,” said Justin Loweth, Seneca President. “Joining the CG Hub is the next natural progression for this exciting evolution. We look forward to rapidly scaling trading activity in our certified natural gas and certified natural gas certificates along with the team at CG Hub.”

“As the first company in West Virginia to achieve an ‘A’ rating under the MiQ standard, we are committed to reducing methane emissions and are serious about the sustainability of our supply chain,” said Mark Williams, Senior Vice President, Business Development, Northeast Natural Energy. “By participating in the CG Hub marketplace, we look forward to playing an important role in fostering an active market in certified natural gas.”

“Good will and commitments to sustainability are one thing, but getting true, industry-wide buy-in for certified natural gas also requires market-driven financial incentives to do the right thing,” said Georges Tijbosch, MiQ Chief Executive Officer. “CG Hub will play a key part in the commercialization of certified natural gas and we are delighted to see so many future-facing businesses working to drive change in global methane emissions.” 

Eliminating oil and gas methane emissions is crucial in the fight against climate change. Methane is a much more potent greenhouse gas than carbon dioxide, and it has a much shorter lifespan in the atmosphere. Efforts to reduce methane emissions can most significantly slow climate change in the short term. These agreements demonstrate the participants’ intent to reduce methane emissions and to take meaningful action on climate change.

About Seneca Resources Company, LLC:
Seneca Resources Company, LLC, is the exploration and production segment of National Fuel Gas Company. Headquartered in Houston, Texas, we explore for, develop and produce natural gas in the Appalachian Region, including the Marcellus and Utica Shales.  Visit us at nationalfuel.com

 

About Northeast Natural Energy

Northeast Natural Energy is a privately owned company founded in 2009 headquartered in Charleston, WV with operations focused exclusively on dry natural gas production in north central West Virginia. NNE’s homegrown team of talented professionals are forward thinking and believe hard work and honest and open communications are the keys to success in West Virginia. Visit us at northeastnaturalenergy.com

 

About MiQ

MiQ is an independent not-for-profit established by RMI (formerly the Rocky Mountain Institute), and global sustainability consultancy SYSTEMIQ to facilitate a rapid reduction in methane emissions from the oil and gas sector.


About CG Hub

Headquartered in Chicago with offices throughout the US, TruMarx Data Partners, Inc. is an experienced team of energy professionals with an established track record delivering powerful technology solutions, including the marketplaces COMET and CG Hub, to meet energy market challenges facing our global customers, including the measurement of specific transactional attributes required to quantify ESG goals.

 

Media Contacts:

 

For CG Hub: John Roderick, john@jroderick.com, 631-584-2200
For Seneca: Rob Boulware, boulwarer@srcx.com, 412-548-2572
For Northeast: Mark Williams, mwilliams@nne-llc.com, 386-299-7070
For MiQ: Sunny Uberoi, sunny.uberoi@miq.org, 917-747-2018

 

Asia Gas Hub Selects COMET/CG Hub to Power GasX for Domestic

Gas Market in Malaysia

●       Asia Gas Hub and COMET/CG Hub partner to deliver an innovative digital platform “GasX” to facilitate gas trading in Malaysia.

●       GasX will increase liquidity, price discovery, and transparency for gas procurement as this market evolves.

●       GasX provides an over-the-counter (OTC) trading facility designed to digitalize the Malaysia natural gas market.

 

April 14, 2023 – Chicago & Kuala Lumpur – Asia Gas Hub (AGH) and COMET today announce that COMET’s newest technology, CG Hub, has been selected to power AGH’s Malaysian GasX domestic natural gas marketplace launching in June of this year.

As part of a larger overall strategy to open up the natural gas market in Malaysia, AGH will implement a customized version of CG Hub to serve as the marketplace for buyers and sellers to post, negotiate and execute transactions for domestic natural gas.

“After more than a yearlong analysis of available global technologies for this project, we selected CG Hub as the foundation for our gas marketplace”, said Faris Mustaffa, Managing Director and CEO of AGH. “The combination of CG Hub’s deep capability, its adaptability for our market, and the impressive track record of the COMET team in delivering customized solutions for global energy companies was the winning combination.”

 

The CG Hub provides the GasX marketplace with:

  • A centralized Hub (dashboard) for bids and offers all members can view

  • List customized details or needs for each transaction, all captured in the audit trail

  • Notifications to all members when a new deal is posted

  • Ability to click to execute or begin a bilateral negotiation

  • Receive an automated transaction confirmation

  • Comprehensive audit logs meet a variety of compliance and regulatory standards

 

“We are pleased and gratified to have been chosen as the technology provider to GasX,” said Mike Mackey, COO for COMET. “This further confirms that our CG Hub technology is a leader in both the traditional and low methane global natural gas marketplace. We are encouraged by AGH’s bold and innovative endeavor which will benefit not just Malaysia but also the region and global gas market. We look forward to working with the AGH team to revolutionize the Malaysian domestic gas market” he adds.

 

Media Contact

Lisa Kleeman

lisa.kleeman@trumarx.com

 

About COMET

Headquartered in Chicago with offices throughout the US, TruMarx Data Partners, Inc. is an experienced team of energy professionals with an established track record delivering powerful technology solutions, including the marketplace COMET, and CG Hub to meet energy market challenges facing our global customers, including the measurement of specific transactional attributes required to quantify ESG goals.

About Asia Gas Hub

AGH is an independent energy market solutions provider, fueled by passionate, experienced and qualified experts in the oil and gas industry, digital project management and equity, financial & commodity exchanges. With over a century of experience, we have in-depth insights of the whole ecosystem, access to a vast network and a wide knowledge structure to formulate innovative solutions to overcome challenges.


Boost for Emissions Transparency as World’s First Methane Marketplace Launches

  • World’s first platform provides transparent centralized trading Hub for gas certified by methane emissions generated during production

  • Ground-breaking platform set to incentivise drastic reductions in methane emissions

  • CG Hub reflects wider global drive to reduce methane emissions by increasing liquidity and price transparency, while allowing empirical understanding of emissions impact on each trade

12 October 2022, London – CG Hub, the world’s first trading platform for certified gas, has been launched today to drive greater emissions transparency in natural gas.

Leading global energy producers, traders and buyers who will participate in the ground-breaking platform are soon to be announced, incentivising drastic reductions in global methane emissions.

The CG Hub, run by the cloud-based energy trading platform COMET, is being launched in conjunction with non-profit MiQ - the fastest growing and most trusted methane emissions certification standard.

MiQ, which is already certifying 15 bcf per day, has 1.2 billion certificates currently available on its digital registry.

This demonstrates the huge potential of certified gas available to trade on the CG Hub and reflects the momentum behind methane certification and its potential to drive meaningful action on climate change.

Georges Tijbosch, Chief Executive Officer at MiQ, said:

“While we wait for the world to transition to clean energy, we need to create the infrastructure for the market to deliver change on emissions today.

“The Hub will bring transparency and drive demand for certified natural gas by taking it from a niche, bilateral trading ecosystem to a thriving, dynamic marketplace. We are delighted to see so many future-facing businesses working to drive change on global methane emissions.”  

Gas traded on the Hub must have been certified based on its methane emissions, offering for the first time the chance for multiple players to buy and sell this commodity with a true understanding of the emissions impact of each batch.

Certified gas is gas that has been assessed against a credible and transparent standard to provide an honest, data-led grade based on methane emissions. Grading gas based on methane emissions differentiates better performers, assists buyers with integration of this important product into their overall ESG plan, and creates the incentives for market improvements. 

COMET has over 250 distinct corporate members who would be eligible to use the CG Hub.

Michael Mackey, Chief Operating Officer at COMET, said:

“Working with MiQ to develop the CG Hub concept is a major step in opening up the nascent certified gas market that we believe will deliver on the promise of significant methane reduction.”

“We are gratified by the initial positive market response to CG Hub and look forward to working with many more progressive firms to improve emissions transparency, price discovery, encourage liquidity, and provide a community to drive methane reduction awareness.”

Previously only available to trade bilaterally, the CG Hub, which is adapted from the award-winning COMET platform, will drive greater trading and emissions transparency, providing:

  • A centralized Hub (dashboard) for bids and offers all members can view

  • The ability to list certification details (level, methane intensity, etc.), attach certificates, all captured in the audit trail

  • Notifications to all members when a new deal is posted

  • The ability to click to execute or begin a bilateral negotiation

  • Receipt of an automated transaction confirmation.

  • A comprehensive transaction audit log to help meet a variety of compliance and regulatory standards.

  • Best pricing


First RSG Offer with Carbon Offsets Originates on the COMET Marketplace

7 Dec 2021

TruMarx Data Partners, Inc., developers of the COMET energy marketplace, have announced the first origination of Responsibly Sourced Gas (RSG) on COMET since adding the asset class to their online marketplace. This adds to the nearly quarter of a million originations conducted on COMET.

The addition of RSG takes the number of assets COMET supports to 17 and joins other carbon light environmental assets including LNG, RINs and RECs.

“COMET is pleased to act as the marketplace to bridge the gap between suppliers of RSG and buyers.” stated Jon B. Olson, CEO, TruMarx Data Partners “We proudly support the industry’s move towards low carbon initiatives and RSG will be a key factor in achieving our customers' ESG goals.“

In the RSG market, COMET’s members can now specify bespoke qualitative attributes, such as certification metrics, around the bespoke quantitative attributes that members already negotiate on COMET. These attributes are captured in the audit trail, confirming the attributes of the RSG transacted and the transacting parties in perpetuity. Through COMET's reporting tools, this information can be shared with regulators, management and included in sustainability reports to various stakeholders.

COMET supports audited, real-time, confidential collaboration around any energy transaction, and provides custom integration between third-party systems to create straight-through processing across the transaction lifecycle. COMET standardizes processes around non-standard transactions.

Olson added “This origination demonstrates that RSG trading is a reality, and COMET members have signaled that there is more to come.”


COMET adds RSG to Marketplace

TruMarx Data Partners, Inc., developers of the COMET energy marketplace, announce that COMET now supports Responsibly Sourced Gas (RSG) or certified gas transactions including carbon credit offsets. This asset class brings the number of assets COMET supports to 17 and joins the other carbon light environmental assets COMET supports, including LNG, RINs and RECs.

 “Today's announcement, a logical outgrowth of the COMET marketplace’s current capabilities in the natural gas markets, underscores our commitment to expanding our presence in the Responsibly Sourced Gas market” stated Jon B. Olson, CEO, TruMarx Data Partners “COMET proudly supports the industry’s adoption of the UN’s SDGs and our move to support RSG transactions demonstrates that commitment.”

In the RSG market, COMET’s members can now specify bespoke qualitative attributes, such as the certification metrics offered by any of the certifier organizations, including Project Canary, around the bespoke quantitative elements that members already negotiate on COMET. These components are captured in the COMET audit trail, archiving the attributes of the RSG transacted, the transaction and other details. This information can be shared with internal systems, regulators, management and included in sustainability reports.

COMET supports auditable, real-time confidential collaboration around any energy transaction, and provides custom integration between third-party systems to create straight-through processing across the transaction lifecycle. COMET standardizes processes around nonstandard transactions.

Olson added “This offering demonstrates that bespoke RSG trading is a reality, and COMET users have signaled there is more to come.”

For more information, visit: www.trumarx.com/sustainabledevelopmentgoals


Trumarx CEO, Jon Olson, to coordinate CCRO ESG working committee

TruMarx CEO, Jon Olson, will be named as co-coordinator of the Committee for Chief Risk Officers (CCRO) ESG Working Committee at their upcoming inaugural committee meeting. The CCRO Q3 Meeting will be held in Houston, Wednesday 29 September, where Jon will be joining with Mike Prokop, Director of Alliance Risk, and Tom Birmingham, CCRO Member Emeritus. The CCRO ESG Working Group will address performance on ESG issues and management of ESG associated “inclusion” risks. The goal of this ongoing discussion is to build a framework for understanding ESG risks especially for energy companies and recommend steps to manage these risks.

“Many of our clients are also members of the CCRO and we have daily conversations with the C-suite as they lay the ground work to set and achieve ESG goals. Our product, COMET is playing a part in North America as we now offer RSG as a tradable asset on our system and we have the ability to attach certifications from all of the major certifiers, including Project Canary and MIQ. I look forward to continuing our work with CCRO and its members towards negating risks while achieving a positive and valuable outcome for its member companies.”

For more information, visit: www.trumarx.com/sustainabledevelopmentgoals


Are you our new Business Development Manager?

Do you have a process-oriented skill set? Previous experience in enterprise business development, sales or energy industry specific roles? Strong computer and organizational skills, integrity and work ethic? The ability to work remotely, and knowledge of energy markets, trading technology and/or commodity markets? If you do, then you could be joining the Trumarx Data Partners team as a Business Development Manager. Please click below to find out more and apply.



CCRO_COMET.jpg

COMET is proud to be the primary technology provider to the CCRO’s new ESG initiative

As the world strives for net zero emissions, the energy industry is playing its part. All eyes are on ESG-related goals — how they are measured and met. The CCRO is best placed to lead its members in dialogue, establishing key ESG-related priorities and best practices. COMET has a long history in creating industry-ledtechnical solutions. COMET now supports the CCRO ESG initiative. With the trusted COMET marketplace as a robust foundation, functionality will be added to assist in accessing solutions to help achieve ESG-related goals. To be part of this important dialogue, COMET urges energy industry participants to join the CCRO and its newest initiative. 

 

For more information, visit: www.trumarx.com/sustainabledevelopmentgoals


LI_BDM_Career_041521v2.jpg

The TruMarx Data Partners team is expanding

March 11, 2021

If you, or anyone you know, is interested in joining our business development group in the UK, Europe, Singapore or the USA, please click below to find out more and apply.


T&RSummit_LNGDigiConsortium.png

TruMarx at the LNG Trading and Risk Summit Europe – 14-16 April 2021

April 13, 2021

Our CEO, Jon Olson, joins Robert Anderson, Janine McArdle and Bob Stibolt at the CCRO’s 2nd Annual Energy Trading Risk Summit Europe – Thursday 15 April. This panel of experts will discuss how our past and present informs our need for digitalisation in the volatile LNG industry.
Registration is FREE and still available here: https://hubs.li/H0L2X3G0


February 18, 2021

TruMarx sponsors LNG Trading and Risk Summit – 18-19 March 2021

Our CEO, Jon Olson, will be speaking, along with Janine McArdle and Bob Stibolt, about the LNG Digitalization Consortium. To find out more and to register go to: www.etrsummit.com/lng. The summit will be shown in Asia and US time zones.


TruMarx CEO Sees Digitalization as Key to Meeting Growing LNG Trading Requirements

December 7, 2020

Natural Gas Intelligence
BY JAMISON COCKLIN, Editor


LNG Alliance signs with COMET for India gas distribution plans

COMET to support the fast growing Indian natural gas market needs with software and data solutions

Chicago/Singapore (6 Oct , 2020) – Today, TruMarx Data Partners, Inc., developers of the COMET energy marketplace, and leading project developer in the natural gas and LNG sector, LNG Alliance (Singapore) have signed an MOU to support LNG Alliances business objectives with software and data solutions including the COMET Marketplace for the LNG/Gas trading and distribution platform in India.

 

LNG Alliance (Singapore) is engaged in the development of India's virtual gas pipelines, downstream gas market integration in the east coast of India and LNG bunkering initiatives in the west coast of India. This understanding underscores the TruMarx commitment to providing the most valuable and robust energy trading solutions to the industry in consultation with its leaders. 

 

TruMarx’s Chief Executive Officer Jon Olson commented “We welcome the opportunity to provide our solutions to LNG Alliance to further their groundbreaking work.”

Muthu Chezhian, CEO of LNG Alliance commented, “Based on our indepth evaluation of the various softwares and trading platforms available in the market for Gas and LNG transactions, COMET  ranked top. It provides us with an integrated transactional visual platform for price discovery mechanism, ability to negotiate the terms through confidential one-to-one secure space, and comprehensive transaction compliance, built on best industry practices. The complex and fast emerging gas/LNG demand in India, combined with the wide range of client needs, makes COMET the right fit for us.”

COMET supports unlimited, real-time confidential collaboration around any transaction, and provides custom integration between third-party systems to create straight-through processing across the transaction lifecycle. COMET standardizes processes around non-standard transactions.


 
Janine+McArdle.jpg
 

COMET names Janine McArdle to LNG Advisory Committee

LNG veteran joins expert panel to guide LNG trading towards LNG market digitalization 

Chicago (2 October 2020) – Today, TruMarx Data Partners, Inc., developers of COMET, announce the appointment of Janine McArdle, CEO and founder APEX Strategies to its Advisory Committee. Janine has had a remarkable, 30-year plus career spanning the energy markets. Some of her engagements include: directorships at Santos and Antero, key advisory roles in developing the Wheatstone and Kitimat LNG facilities, roles at Apache and Aquila, and a key role in designing ICE and an ICE directorship from inception up to IPO. This appointment further highlights TruMarx’s commitment to providing the most valuable bespoke, confidential and bilateral energy trading solution for LNG and another 15 asset classes in consultation with the leaders in the energy industry.

TruMarx’s Chief Executive Officer Jon Olson commented “COMET’s LNG Advisory Board has been instrumental in positioning our product to meet the industry’s growing demand for digitalization. We have spent a decade working closely with our Advisory Committee  and our members who have used COMET to facilitate over 230,000 physical deliveries across 16 asset classes.”

Janine McArdle added “I look forward to providing counsel based on my experience to assist in creating the liquidity and market consolidation that the LNG market requires.”

COMET’s LNG Advisory Committee is comprised of the former head of LNG Trading at Exxon Mobil, RasGas and EDF Matthew Arnold, Director of Nwyda Limited and former head of LNG trading at BP and Vitol David Thomas, head of Oil and Gas at De Gaulle Flerance and Associated Ruchdi Maalouf, and former head of Platt’s Asia W.K. Chan.

COMET is a mature SaaS platform for commodities trading that has been developed in close collaboration with the industry’s foremost experts from the buy and sell-side. Built for the most complex trades, COMET is used by over 300 distinct corporations across 16 asset classes, including LNG.  COMET supports unlimited, real-time confidential collaboration around any transaction, and provides custom integration between COMET and third-party systems to create straight-through processing across the transaction lifecycle. COMET standardizes processes around non-standard transactions.


 
 

We invite you to join our CEO, Jon B. Olson, and other leaders in LNG as they discuss improving efficiency through technology in LNG trading at the World LNG Series webinar, Thursday 20 August 2020. Register at https://lnkd.in/d3WxWdz

COMET attends World LNG Series Webinar 0820
 
 


COMET ATTENDS JAPAN LNG & GAS VIRTUAL SUMMIT

Join COMET VP Asia, Catherine Shang, along with hundreds of local, regional and international attendees, at the 3rd Japan LNG & Gas Virtual Summit. The summit will run online from 8–9 July 2020. Engage in live, strategic content sessions and B2B networking. The virtual event offers an opportunity to learn and share key insights, reconnect with your marketplace and reunite with your community.

Click here to set up a virtual meeting or to book a demonstration of the COMET platform.

 
 

Contact

TruMarx Data Partners Inc. has offices in USA, Europe and Asia

 

World Headquarters
200 Continental Drive
Suite 401
Newark
DE 19713

Sales

Email: salesinquiries@trumarx.com

 
City%2BUnsp.jpg