An offshore terminal for liquefied natural gas (LNG) or energy product loading/unloading, or used to describe a seaport that can accommodate a fully loaded Panamax-class ship. For LNG operations, a deepwater port is a connection to an ocean floor natural gas pipeline using a turret-loading buoy that serves as the LNG tanker’s mooring. Deepwater ports may also be considered as offshore structures used as a port or terminal for loading/unloading other energy products, such as the Louisiana Offshore Oil Port (LOOP).
* see also Louisiana Offshore Oil Port (LOOP)
Commodity trading and risk management is a subject that is necessarily complicated, and is becoming more so. The Energy Risk Glossary seeks to disentangle and clarify the jargon by providing definitions of commonly used energy and commodity market terms.
These include definitions related to a variety of underlying energy products, as well as technical terms about the many instruments and benchmarks used by energy market participants.
Many of the most recent terms to have been added to our glossary stem from the actions of regulators since the 2008 global financial crisis. The onset of rules, such as the US Dodd-Frank Act and European Market Infrastructure Regulation, has markedly increased the cost and complexity associated with commodity trading. Perhaps they have also increased the need for a handy reference guide such as this.
The glossary is extensively cross-referenced, making for easy and thorough searches. We hope you find the latest edition of the Energy Risk Glossary to be a useful resource.
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