When GNL Chile became self-sufficient in it's supply of natural gas, they constructed a new LNG terminal at Quintero Bay, situated 155km northwest of Santiago. With the high-profile project costing $1.2 billion, they needed assurance that their investment would pay off.
They approached BP to learn more about how they have benefited from simulation, and the Oil and Gas giant recommended Saker Solutions.
Saker created a simulation system for GNL Chile, which supports them in making both strategic and operational decisions, including determining the correct number of storage tanks for commercial operations as well as the ongoing development of robust ADPs. It has also enabled them to quantify risks surrounding stockouts and demurrage and balance supply and demand effectively.