Ball Corp. (NYSE: BALL), through a partnership with energy consultancy Wood Mackenzie Inc., has launched Global LNG Liquefaction Monitoring, a new business that provides market intelligence related to the liquefied natural gas market and supply chain.
“The tool is a powerful combination of Ball’s satellite expertise and remote sensing data analytics capabilities and Wood Mackenzie’s proprietary ground-based monitoring of U.S. liquefaction sites,” a Ball release said.
For example, Wood Mackenzie’s algorithms detected maintenance on two Qatari trains in early February 2022 with a seven-day lead time before any other indicators, the release said.
“Our alerts flag disruptions so customers can react quickly and identify potential trading opportunities. Additionally, the high granularity of the data allows clients to understand train-level dynamics to derive valuable insight on companies involved in these assets,” Wood Mackenzie principal analyst Lucas Schmitt said in the release.
The two companies partnered last year on a satellite-based, oil-field market-intelligence effort for the energy industry.
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