Post-event Platts 2021 European Gas and LNG conference

25 November 2021

This week the 15th Platts European Gas & LNG conference took place, on 23-24 November 2021. It was a virtual event this year, in light of the current COVD-19 pandemic. Our colleague Ewout Eijkelenboom presented at this event, which KYOS was proud to sponsor.

He spoke about the current developments in the European gas storage market, as well as exploring the possibilities to utilize Ukraine’s storage capacity. Furthermore he looked at the future demand for storage capacity and the role hydrogen.

To view his slides: Presentation Platts 2021

Gas storage optimization

Would you also like to make your gas storage facility more profitable? Our gas storage modelling software makes this possible. The KYOS models KyStore and KySwing provide the basis for the presentation. The KyStore model supports traders and portfolio managers in natural gas markets. The gas storage optimization software raises revenues from gas storage trading operations. In addition, it provides accurate valuations and reduces risk with adequate hedge recommendations. Moreover, the model uses advanced stochastics including Least Squares Monte Carlo techniques to capture the full optionality in gas storage facilities.

Secondly, KyStore is complemented by KySwing. The KySwing model helps to generate most income from gas contracts by optimizing the contract flexibility. Swing options are typical components of gas contracts, which offer the opportunity to vary the contracted volume under a number of restrictions. Sometimes the market also refers to these contracts as Take-or-Pay (ToP), interruptible or variable load contracts. You can reduce the risk on future income however by forward hedging. The model gives you recommendations for your hedging – it applies advanced stochastics to find the optimal exercise.

Please contact us for a free demonstration. We are more than happy to show you what our models can do. And more importantly, how they can work for you! Just leave your details in the black section below, or send an e-mail to info@kyos.com