Configure a supply region

Configuring a supply region in nGenue impacts multiple screens. Users see a dropdown menu displaying the configured supply regions, which allows them to select a specific region from the dropdown.

In some cases, like creating deal or configuring a new pipeline, a supply region is required. Therefore, at least one supply region should exist.

The configuration process for the supply region captures key information about the defined supply region when used for accounting, reporting, or Weighted Average Cost of Gas (WACOG) purposes.

Prerequisites

To configure a supply region in ngenue, ensure the following:

1. Required: user permission
   You must have the appropriate user role or permission that allows you to add or modify entries on the Supply region screen.
2. Optional: link to a business unit
   If you want to link the supply region to a business unit, make sure the business unit is already created from the Internal book structure screen. You can proceed without linking a business unit immediately and choose to link one later when needed.
3. Optional: link to a WACOG pool
   You can link a WACOG pool to the supply region for weighted average cost calculations. To do this, create a new WACOG pool from the Supply WACOG pool configuration screen.

Process steps

Step 1: Navigate to the Supply region configuration screen

1. Log in to the nGenue application.
2. Click the Search icon and enter supply region in the search bar.
3. Double-click Supply regions to open the respective screen.
4. The next screen is divided into two sections: Supply region selection and Supply region configurations.
   1. The Supply region selection section lists existing supply region configurations.

   2. The Supply region configurations section allows you to create, edit, or delete supply region records. The table below describes the available icons and their functions:

      Icons	Description
      	Add a supply region record
      	Edit the supply region record detail.
      	Save the supply region record.
      	Cancel the updates being made to the supply region record.
      	Delete a supply region record.

Step 2: Create a new supply region

1. In the Supply region configurations screen, click the Add a supply region record button.

2. Fill in the details as mentioned in the table below:

   Fields	Description	Data type	Mandatory (Y/N)	Fetched from (UI screen)	Displayed on (UI screen)
   Supply region Id	This field is auto-generated by the system and is created automatically when a new configuration is made	Auto-generated	Y	Auto-generated	N/A
   Code	A unique identifier that you can use for your supply region name. For example: If the supply name name is "ABC supply region," the code could be "ABSR."	Integer	Y	User input	Pipeline location
   Supply region name	Enter the name of the supply region that you wish to add during the configuration process.	Integer	Y	User input	Pipeline, Pipeline location, Deal creation and Deal management screen
   Business unit	Select the business unit that you want to link to your supply region.	Dropdown	N	Internal book structure screen	N/A
   Supply WACOG pool	Link a WACOG pool to the supply region for calculation. If a supply region sources gas from multiple contracts, the WACOG pool calculates a blended rate, which becomes the reference for billing or further cost management.	Dropdown	N	Supply Wacog pool configuration screen	N/A
   GL Expense Account	Link the supply region’s operational expenses (e.g., transportation, storage) to the correct General Ledger (GL) account.	Dropdown	N	Chart of Accounts list screen	N/A
   GL A/P account and GL A/R account	Select the required account details for GL A/P account and GL A/R account respectively. These accounts are used either to track revenue generated or track payments owed to suppliers or vendors associated with the supply region.	Dropdown	N	Chart of accounts list screen	N/A
   Description	Provide any additional details if any.	String	N	User input	Pipeline, and deal creation screen

   Integration points

   The fields in the Integration points section are automatically populated when third-party tools are integrated with nGenue. These fields can be skipped when entering data manually.

3. Once all mandatory fields are filled, click the Save button to configure the supply region.

Conclusion

Supply regions are fundamental to the functioning of the natural gas industry, influencing production, pricing, and market dynamics. Understanding these regions helps stakeholders navigate the complexities of the natural gas market and make informed decisions regarding investments, infrastructure development, and energy policy. As the demand for natural gas continues to grow, the significance of supply regions will only increase, shaping the future of energy consumption worldwide.