Pace Global

Natural Gas Storage Project Due Diligence

Clien Need
Client Need:
A major natural gas storage company was looking to evaluate a bid for a natural gas storage project in the Gulf Coast.


Our Role
Our Role:
Pace Global provided comprehensive commercial due diligence and market analysis related to a natural gas storage facility in Texas. As part of the engagement, Pace Global evaluated recontracting risks, optimization opportunities to enhance revenue diversification, and emerging opportunities given changing market dynamics. The due diligence effort included a detailed review of all commercial and operational aspects of the facility, including facility-level and basin economics; storage value with respect to power generation; and an analysis of key market supply and demand drivers, inclusive of LNG export and Mexican pipeline demand. Additional analysis was performed regarding regional competitive forces, forward price curves, and other determinants of economic value. 


Results
Results:
Pace Global’s efforts helped to confirm the asset’s commercial viability and future economic potential.

Pace Global