LNG Auctions
-
What Do the Fields in the LNG Offer Overview Mean?
Overview On the main LNG Offers page, you can view all LNG offers having the following statuses: approval pending, allocation pending, open, published a...
-
LNG Reporting Section
Overview In the LNG Reporting section, you can find all LNG Offers which are in a final state: (1) allocated, (2) cancelled, (3) unsuccessful and (4) fa...
-
Pay-As-Bid Algorithm for LNG Auctions
Overview This version of the pay-as-bid algorithm is used in LNG auctions. According to this procedure bids are ranked from the highest to the lowest pr...
-
Ascending-Clock Algorithm in LNG Auctions
Overview In LNG capacity auctions, some LSOs (LNG Operators) may use the ascending clock algorithm to allocate capacity. These LSOs are Deutsche Energy ...
-
How Are Bids Assessed in an Ascending Clock Auction?
Overview In ascending clock auctions, any shipper that has an assignment to your LSO company can place one or more bids for the available slots, or MSPs...