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COMET names Janine McArdle to LNG Advisory Committee

LNG veteran joins expert panel to guide LNG trading towards LNG market digitalization

Ryan Offman by Ryan Offman
October 2, 2020
in Financial, Technology
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Today, TruMarx Data Partners, Inc., developers of COMET, announce the appointment of Janine McArdle, CEO and founder APEX Strategies to its Advisory Committee. Janine has had a remarkable, 30-year plus career spanning the energy markets. Some of her engagements include: directorships at Santos and Antero, key advisory roles in developing the Wheatstone and Kitimat LNG facilities, roles at Apache and Aquila, and a key role in designing ICE and an ICE directorship from inception up to IPO. This appointment further highlights TruMarx’s commitment to providing the most valuable bespoke, confidential and bilateral energy trading solution for LNG and another 15 asset classes in consultation with the leaders in the energy industry.

TruMarx’s Chief Executive Officer Jon Olson commented: “COMET’s LNG Advisory Board has been instrumental in positioning our product to meet the industry’s growing demand for digitalization. We have spent a decade working closely with our Advisory Committee and our members who have used COMET to facilitate over 230,000 physical deliveries across 16 asset classes.”

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Janine McArdle added: “I look forward to providing counsel based on my experience to assist in creating the liquidity and market consolidation that the LNG market requires.”

COMET’s LNG Advisory Committee is comprised of the former head of LNG Trading at Exxon Mobil, RasGas and EDF Matthew Arnold, Director of Nwyda Limited and former head of LNG trading at BP and Vitol David Thomas, head of Oil and Gas at De Gaulle Flerance and Associated Ruchdi Maalouf, and former head of Platt’s Asia W.K. Chan.

COMET is a mature SaaS platform for commodities trading that has been developed in close collaboration with the industry’s foremost experts from the buy and sell-side. Built for the most complex trades, COMET is used by over 300 distinct corporations across 16 asset classes, including LNG. COMET supports unlimited, real-time confidential collaboration around any transaction, and provides custom integration between COMET and third-party systems to create straight-through processing across the transaction lifecycle. COMET standardizes processes around non-standard transactions.

Ryan Offman

Ryan Offman

Technology Reporter

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