Published date: 16 June 2022

This notice was replaced on 26 July 2022

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 26 July 2022, last edited 3 August 2022)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Research services - 73110000

  • Economic research services - 79311400

Location of contract

Any region

Value of contract

£0 to £65,000

Procurement reference

tender_308613/1080333

Published date

16 June 2022

Closing date

29 June 2022

Closing time

12pm

Contract start date

1 July 2022

Contract end date

29 July 2022

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes


Description

The Department for Business, Energy and Industrial Strategy is looking to commission external research to improve our understanding of natural gas and liquified natural gas markets in the coming years. We have outlined one project (Lot 1) to analyse Europe's security of natural gas supply in winter 2022/23 and a second project (Lot 2) on the contract structures in the global Liquid Natural Gas (LNG) market

A key aim of these research projects will be to consider how the global LNG market may fair under certain stress tests and the implications of this for European energy security. This will involve an understanding of future supply and demand projections under various future scenarios as well as the contracting arrangements in the current and future LNG markets. This will allow the UK to have an evidence-based understanding of how, and to what extent, the LNG market will be able to serve the UK and Europe over the coming winter, 2022/2023 and beyond.

The research will be split into two Lots:

Lot 1:
- Project 1a: Analysis of LNG availability to Europe - focussed on global and regional LNG markets under different outlooks and consideration of key events which could stress the LNG market and the implications for availability of LNG to European markets; and
- Project 1b: European Energy Security Assessment - requiring a contractor to review and validate the assumptions of a European gas market model tool created by BEIS to ensure it is fit for purpose and draws on best available evidence

Lot 2:
- Project 2: Analysis of LNG Contracting Structures


More information

Previous notice about this procurement

Liquefied Natural Gas (LNG) Market: Supply Scenario and Contracting Research

  • Future opportunity
  • Published 10 June 2022

Links

Additional text

This procurement will be managed on the Authority's Jaggaer portal. A link to the Opportunity is here:


About the buyer

Address

1 Victoria Street
London
SW1H 0ET
England

Email

internationalclimateandenergy.procurement@beis.gov.uk