In the dynamic world of energy production, staying ahead of evolving market needs while maintaining North American Energy Standards Board [NAESB], The Federal Energy Regulatory Commission [FERC], and Canada Energy Regulator [CER] regulatory compliance can be a challenge for pipeline operators. Here are some common hurdles:
- Regulatory Complexity: The energy sector is heavily regulated, with numerous rules and standards. Navigating these complex regulations can be overwhelming and risky.
- Data Management: The ever-increasing volume of data makes accurate and timely reporting complex.
- Cybersecurity Risks: Digital technology introduces vulnerabilities, making it critical to ensure data privacy and protection against cyberattacks.
These challenges require energy providers to continuously adapt and invest in compliance measures to meet regulatory requirements without compromising operational efficiency.
Maximize Efficiency with Latitude
ESG Latitude is a comprehensive pipeline and storage management software platform designed to help midstream operators, large or small, maximize profitability and operational efficiency while reducing transactional complexity. With Latitude, you can:
- Ensure Regulatory Compliance: Stay ahead of market changes and maintain compliance with NAESB, FERC, and CER regulations.
- Simplify decision-making: Bring multiple disparate platforms together in one place, enabling faster, smarter data-driven business decisions.
- Deliver accurate insights: Provide upper management with reliable forecasting and reporting.
Discover Latitude’s Powerful Solutions
Latitude is a secure, user-friendly, cloud-based platform featuring four powerful solutions:
- Wholesale EDI Service: Assist interstate pipelines, shippers, and marketers with the secure exchange of pipeline transactions with their trading partners.
- QuickNOM: Deliver productivity workflows to manage the entire pipeline nominations lifecycle process while maintaining operating and regulatory compliance.
- Natural Gas Inventory: Automate processes for natural gas storage facilities and hubs, improving accuracy.
- Crude Oil Pipeline System: Optimize workflows for crude oil and refined product transportation and storage, improving productivity.
From contracts to invoicing, elevate your pipeline and storage management with ESG’s Latitude.
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