ECA SECTORS / NATURAL GAS
ECA combines economic and regulatory skills to carry out comprehensive and complex planning, financing and strategy studies along the value chain of gas. Our specialisation is on mid and downstream sectors including transmission systems, gas storage, LNG terminals, distribution systems and market design.
We have extensive expertise in gas market regulation and our experts work closely with gas and energy regulators in Europe, Africa and South-East Asia developing regulatory frameworks. This covers the design of gas tariff models to balance social and economic requirements, the provision of training in the applicability of tariff methodologies and the use of tariff models and the drafting of secondary legislation.
ECA is also highly experienced in the development of Gas Masterplans, advising established and emerging gas markets on gas utilisation options, export policy, mid- and downstream infrastructure development, gas allocation policy and pricing. A fundamental area of expertise running through all our gas sector services is the quantification of the economic value of gas.
We also leverage our public sector expertise to advise private sector clients on the core commercial issues arising from markets, regulation and pricing.
SELECTED PROJECTS INCLUDE >
SELECTED PROJECTS INCLUDE >
ECA was appointed by Ofgem to develop financial models and scenarios of future revenues and costs of gas interconnectors to Great Britain. The models will be used by Ofgem to test further scenarios of future interconnector incomes based on differentials between European and GB gas prices, as well as assessing when during the year those differentials might appear. The models also incorporate forecasts of gas supply and demand.
ECA worked with the Government of Egypt to help establish a consistent approach to manage the process of fuel subsidy reforms over a 5-year period, including specific components on communications and social protection. The key issue for this study was identifying the principles of gas pricing and how they should be applied over time as Egypt reforms its gas sector.
Different business and contractual models were developed to assess the feasibility of introducing LNG for power generation to six Central American countries. The objective of this World Bank project was to advise on an economically and technically feasible option for regasification projects and onwards gas and electricity trade.
Northern Ireland must introduce the EU network codes by 2017 but must also manage the transitional period until then. ECA was engaged to support on a broad range of regulatory and pricing issues. ECA was asked to provide specialised consultancy support to assist the utility regulator to develop spreadsheet modelling to assist with the development of the rules for the introduction of new transmission charges into the NI Tariff Regime.
Assessment of gas sector and infrastructure development in Albania for the World Bank included a financial and economic feasibility of the Vlore power plant, recommendations on different business model for PSP and PPP arrangements, a review of contractual frameworks and regulatory changes. Additionally, we assessed the financial feasibility of the Ionian –Adriatic Pipeline (IAP) covering demand forecasts, supply assessments, possible offtake points and cost structures were evaluated to identify the competitiveness of gas transported through IAP and the economic and financial feasibility of the pipeline.
We were appointed by the Government of Ghana to develop a national medium to long term gas strategy. This included recommendations on an optimised gas infrastructure plan, prioritised gas allocation across exports and domestic utilisation options and a suitable pricing, regulatory and institutional framework for implementation of the gas strategy.
The objective of this study was to assist Comisión Nacional de Hidrocarburos in developing a suitable regulatory framework and oversight mechanisms to minimise gas flaring and venting in Mexico.
ECA was contracted by the World Bank to carry out two linked studies to review the scope and prospects for exploiting Africa’s recently found gas resources to expand gas use and power generation. In the study ECA reviewed the proven reserves and resources of gas in all 47 Sub-Saharan African countries, and also identified a range of gas pipeline and power transmission options to deliver gas-fired power to major demand centres in three focus countries; Tanzania, Mozambique and Nigeria.
Support to the Global LPG Partnership and the Government of Ghana in analysis and recommendations regarding the key supply and demand drivers to achieve the national LPG access and use goals. The work provided detailed recommendations to the Ghana Government for realising the national LPG goals.
ECA provided a consultant to provide sustained support for six months during a Competition Commission inquiry, leading on key areas of analysis including drafting of papers and attendance at inquiry hearings.
ECA was contracted by Israel’s Natural Gas Authority (NGA) to provide time-sensitive, ad hoc regulatory advice on numerous issues revolving gas regulations as and when they arise for the NGA.
ECA supported MJM Energy in a rapid assessment of alternative sites for a proposed LNG receiving terminal in Myanmar. The country faces severe shortfalls in domestic gas production relative to its rapidly growing demand driven by economic development and increasing electrification. ECA focused on the assessment of the market for LNG and on the potential to alleviate short-term constraints through swaps with neighbouring countries.