At ASCELA, our Oil & Gas practice focuses on the commercial, infrastructural, and regulatory dimensions of oil and gas value chains — where crude flows, refining economics, gas distribution, and infrastructure investment intersect. We work with commodity traders, investors, and developers across midstream pipelines and storage and downstream refining and distribution, delivering market analysis, trade flow assessments, feasibility studies, and financial models that inform high-stakes investment and operational decisions. Our work is grounded in how oil and gas actually moves: the pipelines, terminals, and refineries that handle it, the markets that price it, and the regulatory environments that govern it. Oil and gas markets are undergoing structural transformation. Energy transition pressures, shifting crude trade routes, evolving refinery margins, pipeline utilisation challenges, and tightening emissions regulations are simultaneously reshaping where value sits across the oil and gas chain. For traders and infrastructure investors, the margin for analytical error is narrow.
ASCELA brings the market depth, infrastructure knowledge, and financial rigour to help clients make decisions that are commercially sound, structurally resilient, and positioned for the realities of an evolving energy landscape.
Analyse crude oil grades, refined product markets, pricing benchmarks, and supply-demand dynamics across key producing and consuming regions
Map crude and product trade flows, tanker routes, pipeline corridors, and storage capacity to identify commercial and infrastructure positioning opportunities
Assess crude diet, product yield, conversion unit economics, and refinery margins across key markets to evaluate downstream investment viability
Benchmark pipeline throughput tariffs and storage fees against regional and global peers to assess competitiveness and inform tariff structuring
Assess the technical and commercial feasibility of crude, product, and gas pipeline infrastructure aligned with throughput volumes and market demand
Evaluate crude and product terminal configurations, tank farm capacity requirements, and jetty infrastructure to support storage and trading operations
Assess refinery upgrade requirements, product blending configurations, and downstream distribution networks to optimise product flow and market reach
Build project finance models covering capital costs, tariff revenues, debt-equity structures, and IRR sensitivity for oil and gas infrastructure assets
Conduct commercial due diligence and valuation for pipeline, terminal, and refinery asset acquisitions, disposals, and joint ventures
Identify oil price, throughput, counterparty, and regulatory risks and develop mitigation frameworks to strengthen infrastructure project bankability
Advise governments and operators on upstream licensing, midstream access frameworks, downstream pricing regulations, and fiscal regime design
Assess long-term refined product demand outlook and evaluate stranded asset exposure across refinery and pipeline infrastructure portfolios
Evaluate domestic gas market structures, distribution network economics, and pricing frameworks to support gas sector development in emerging markets
Advise on methane emissions management, carbon pricing exposure, and decarbonisation strategies for midstream and downstream oil and gas operations
Benchmark oil and gas fiscal terms, royalty structures, and production sharing agreements against regional peers to support policy reform and investor attraction