Houston, Texas10 days ago
Experience must also include at least four years of experience with each of the following: (1) managing a LPG export program for a minimum of 3+ Million MT of LPG per year including: trading the physical cargo (FOB and CFR), identifying the optimal product mix, the highest paying international market as well as managing the associated arbitrage risk in the global waterborne markets; (2) managing freight positions by working with Vetting and Operations, negotiating Vessel Charters (both in and out), bidding for Panama Canal auctions, as well as optimizing an existing Term Charter Fleet of over 9 VLGC’s; and (3) actively trading and hedging the arbitrage risk using LPG derivatives including each of the following: Propane, OPIS Mt. The thirteen years of experience must include at least eight years of experience with each of the following: (1) trading Edmonton Condensate on the Fort Saskatchewan Pipeline System; (2) trading C5 in the Mont Belvieu Natural Gas Liquids complex including the Lonestar, Enterprise and Targa Caverns; (3) trading with market participants for NGLs, Condensate and Canadian Crude Oil; (4) the CAPP Equalization Process and its effect on diluent value and Enbridge Quality specifications; and (5) trading with U.S. Gulf Coast Market participants for NGLs.