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LNG Optimisation Analyst

Reference Number
GEM0062

LNG Optimisation Analyst

Closing date for applications
5 January 2014
Country
United Kingdom
City
Reading, Singapore
Function/Discipline
Energy Marketing
Employment Category
This is a permanent role
This role is offered on local or expat conditions
Working Hours
Full/Part-Time
Full Time
Number of Roles Available
1
Salary
Competitive

The Organisation

Global Energy Marketing and Shipping (GEMS) develops and implements BG Group’s strategy for the marketing and optimisation of all commodity streams, connecting competitively priced resources to high-value markets.

Position Summary

This position assists the LNG traders by providing economics for cargo diversions, considering the physical and financial impact on the LNG portfolio.

Responsible for implementation of optimal cargo schedule – must coordinate activities between LNG Supply and Sales Contract Managers, Vessel Coordinators, Marine Assurance and LNG Chartering team.
 
This position could be based in either Reading, UK or Singapore.

Key Accountabilities

  • Provide physical LNG Traders with economics for all new cargo transactions considering the physical and financial impact on the LNG portfolio
  • Use existing optimization tools to generate the economic value and optimal cargo allocation of LNG purchase and LNG sales for:
    • All new cargo diversions
    • Operational changes to existing schedule
    • Changes due to commodity price movements
  • Ensure that the optimal financial cargo allocation can be met physically, ensuring any additional costs or savings are included in the overall economics
  • Communicate optimal cargo allocation changes with financial LNG traders to ensure hedges are re-aligned correctly
  • Communicate optimal cargo allocation changes with LNG Contract Managers, Shipping, and LNG Chartering Team to ensure deliverability and implementation
  • Maintain and transition the short term optimization model between the S&O teams in Reading, Houston and Singapore

Unique Knowledge, Skills, Experience and Attribute

Candidates should have:
  • Masters Degree in Operations Research, Applied Mathematics, Economics, Engineering, Business Administration or related field with component in Finance/ Financial risk management
Candidates should possess the following:
  • Highly numerate and diligent
  • Advanced modeling skills including Excel, with good knowledge of coding techniques
  • Strong communication skills
  • Ability to multi-task in a dynamic working environment
  • Highly motivated self-starter and innovative problem solver
  • Performs tasks and able to take decisions with minimum supervision
  • Prior exposure to LNG/Oil & Gas industry advantageous

Additional Information for External Candidates

BG Group values diversity and is committed to equal opportunities; applications are welcome from all suitably qualified candidates.
 
Please note that after the closing date you will no longer be able to apply for the vacancy. The specific time of closing is midnight UK time on the date displayed. BG Group also reserves the right to close vacancies before the advertised closing date without prior notice.