Mr. Thapa has over 10 years of experience applying economics and finance principles in complex oil- and gas-related litigation, arbitration, and regulatory proceedings.

His commercial dispute work includes damages estimation, valuation, and pricing regarding energy assets and contracts. Mr. Thapa has evaluated pricing of and damages arising from disputes involving natural gas storage facilities, long-term purchase and sale agreements for natural gas and liquefied natural gas (LNG), oil and natural gas pipeline transportation contracts, natural gas gathering and processing contracts, natural gas storage contracts, and power purchase agreements. He builds complex discounted cash flow models and applies appropriate discount rates to estimate damages in these proceedings.

Mr. Thapa also has expertise in regulatory economics of the midstream oil and gas sector which includes analyzing the rates charged by natural gas and oil pipelines, the business risks faced by natural gas pipelines, the economic justification for proposed natural gas pipelines and LNG storage facilities, pipeline access issues, and evaluating competition and market manipulation in natural gas markets.

Among his notable engagements, Mr. Thapa has testified before the Maine Public Utilities Commission, submitted written comments before the Federal Energy Regulatory Commission, and coauthored a report on Understanding Natural Gas Markets for the American Petroleum Institute.


MIT Sloan School of Management, MBA
Depauw University, BA magna cum laude in Mathematics and Computer Science


March 30, 2012

Matthew O'Loughlin, Frank Graves, Anul Thapa, Metin Celebi

Before the Federal Energy Regulatory Commission, Docket No. AD12-12-000, Filed Comments re: Coordination between Natural Gas and Electricity Markets