The company has also announced that Quorum LNG Transaction Management (QLNG) is live and managing transactions from inbound cargoes. QLNG is designed to allow partners in liquefied natural gas (LNG) terminal facility operations to efficiently manage transactions with customers on their system, including contracts, vessel scheduling, redelivery nominations and scheduling, inventory accounting, and back office accounting. The solution enables multiple gas operators and shippers to work within a single LNG terminaling environment, which increases efficiency in terminal and customer transactions. QLNG reportedly supports faster decision-making by reducing cycle times. Scott Leeds, president and COO of Quorum, said: "As the world's energy demands continue to grow, so does the global LNG marketplace. Quorum's LNG solution effectively automates and streamlines transaction-related activities for regasification terminals, freeing clients to focus on optimization of their business operations."