Orchid Group was assigned by a confidential client in China to prepare a report and recommendations on LNG projects in USA and Mexico. The client is one of China’s largest LNG buyers and infrastructure owners and operators. The selection of Orchid for the assignment was a result of a 20-year track record of working with the client on gas and power projects in China.
Orchid performed due diligence on federal, state, and local laws and regulations, and trade agreements; natural gas upstream investments and long term supply options; midstream transportation tariffs and pipeline capacity fundamentals; EPC and technology choices; investment and ownership structures and regulatory approvals; permits, licenses, environmental studies; commodity and shipping costs, logistics and operations, and, findings on foreign partners and management team capabilities and track records. Lilly Teng, Senior Partner and General Counsel, presented the report to the executive management team in Beijing, China along with advice on potential USA and Mexican partners, local business customs and laws, and next steps on a long-term investment and procurement strategy.