One of the byproducts of North American Shale revolution has been the prolific growth in the US NGL supply. The wide oil-natural gas spreads have supported rich fractionation margins which has sustained the growth in NGL supply. This is truly unprecedented as US for the first time has become a net exporter of NGLs- a new phenomenon for the global LPG world which, in the past has relied on the Middle East for their LPG needs. For US E&P/marketing companies that have title to NGLs and midstream companies that are building pipeline and export terminals, NGL exports is a truly new turf.
Enkon has unique experience in the US structuring and negotiating export contracts with international buyers for ethane and LPG. Our deep involvement in NGL domestic and export deals, relationships with upstream and midstream companies in the NGL space positions us to provide the highest value to our clients. Enkon has been involved in all aspects of NGL value chain from NGL production in US shale basins to leading negotiations with NGL midstream provides and NGL buyers.
Enkon offers a broad range of NGL advisory services:
- NGL market assessment
- NGL asset due diligence (in support of A&D/Project financing)
- Commercial negotiations and deal structuring
- NGL sourcing for petrochemical sector
- RFP development and bid evaluation