Pure Gasoline Intelligence (NGI), a number one value reporting company overlaying the North American pure fuel market since 1981, has efficiently accomplished its annual audit for 2021 pertaining to the processes and procedures for compiling NGI’s Each day, Weekly and Month-to-month (Bidweek) pure fuel value indexes.
NGI is proud to announce that no exceptions had been discovered.
The purpose of the audit, performed by nationwide audit and accounting agency Johnson Lambert LLP, was to guage whether or not NGI’s revealed indexes had been in accordance with insurance policies and procedures detailed within the publicly out there NGI’s Worth Index Methodology & Code of Conduct. The doc consists of insurance policies on assortment of information, the provenance of information, verification of exclusions and assessments rationale, in addition to recordkeeping and accuracy of computations.
“NGI takes its position in value transparency significantly and continues to work with FERC, the Intercontinental Change (ICE) and its value information suppliers, to remain forward of adjustments within the market and to reinforce the worth indexes that we provide,” stated NGI CEO Dexter Steis. “We’re happy to finish one other annual audit that serves as affirmation that we’re complying with NGI’s Methodology in addition to the necessities for index builders set forth by the Federal Power Regulatory Fee.”
About Pure Gasoline Intelligence
Believing that clear markets empower companies, economies and communities, NGI supplies pure fuel value transparency and key information, insights and information for the North American vitality markets.
Via its providing of Subscription Companies, NGI supplies each day, weekly and month-to-month (Bidweek) value indexes for greater than 170 places all through the US, Canada and Mexico. Since 2008, NGI has vastly enhanced the liquidity of its indexes via a perpetual partnership with ICE, offering for the inclusion of ICE commerce information in its proprietary value index dedication course of. NGI additionally produces pure fuel ahead curves out 10 years in addition to Mexico and U.S. shale costs, and indicative liquefied pure fuel netback pricing as a part of its LNG Knowledge Suite.
Along with these key market value transparency information choices, NGI supplies a set of reports and knowledge providers in English and Spanish to assist companies throughout the worldwide worth chain make choices.
NGI’s founder Ellen Beswick in 1981 recognized that the pure fuel market in North America wanted somebody to inform its story. Nonetheless a family-owned and operated enterprise, NGI is made up of a robust workforce of thought leaders and professionals strategically positioned all through the Americas, who’re dedicated to persevering with telling that story. For extra info, Contact Us.