The Nordic software and services company Tieto has contracted to provide its services for the Singapore LNG Corporation.
Singapore has been identified as having the potential to become an Asian LNG trading hub, Tieto said in its statement, adding that the rising trade of liquefied natural gas, prompted SLNG to further enhance the efficiency of its business process system used in commercial operations.
Under the contract, Tieto will provide its Transport and Revenue modules of Energy Components (EC) to manage the hydrocarbon accounting for the entire LNG import value chain.
EC takes care of business processes regarding the planning, unloading, inventory control, re-gasification, gas sales and gas delivery, Tieto said.
Tieto will also provide support for all EC related issues from its centers in Europe and Asia.