Download or read book The World Market for Natural Gas written by Andrea Gilardoni and published by Springer Science & Business Media. This book was released on 2008-07-20 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a product of investigations conducted within the Global Utility Research Unit (Guru) of Agici Corporate Finance (Milan, Italy). More specifically, it is the result of a project developed by the Observatory on Alliances and Strategies in the Pan-European Utility Market set-up seven years ago with the contribution of Accenture. The project, entitled “Pan-European Gas Industry Scenario – Truth and Lies”, was presented at the 2008 Milan annual international conference (www. agici. it). I would therefore like to thank Luca Cesari, Claudio Arcudi and Massimo Pagella from Accenture for their continued support. The scope of this book is to shed some light on a market, that of natural gas, which is highly complex and at the same time of fundamental importance for Europe for at least the next 20 years. We do not intend to build a theory but only to develop a better understanding of the key factors. We fully recognise that the each of the issues we cover deserves further investigation and we are also well aware that we may have omitted a number of important considerations and topics. These shortcomings are - at least in part - justified by the desire to keep the book to a r- sonable size for editorial reasons.
Download or read book Building Competitive Gas Markets in the EU written by Jean-Michel Glachant and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.
Download or read book Future Natural Gas Demand in Europe written by Anouk Honoré and published by . This book was released on 2006 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of the Natural Gas Market in Southeast Europe written by Public-Private Infrastructure Advisory Facility and published by World Bank Publications. This book was released on 2010-07-20 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study was to analyze the future role of natural gas in the energy mix of countries of South East Europe. The study further identifies regional, cross-border and country-specific gas infrastructure projects that are economically, financially and technically sound. The study also analyses, and makes proposals for, the institutional and policy issues relating to funding and implementing gas infrastructure projects. The study examines sources of gas supply from Russia, the Caspian region and other current and prospective producer countries through Turkey and other transit routes (including LNG) and assesses costs of supply and gasification prospects in nine gas markets in the South East Europe region: Albania Bosnia and Herzegovina Bulgaria Croatia Kosovo Macedonia Montenegro Romania Serbia These markets are all signatories of the Athens Memoranda of 2002 and 2003, which commit the participants to regional cooperation in electricity and gas.
Download or read book The European Gas Markets written by Manfred Hafner and published by Springer. This book was released on 2017-08-16 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector. Featuring a Foreword by Maroš Šefčovič, Vice-President of the European Commission in charge of the Energy Union, contributions explore a wide range of issues, such as the role of gas in decarbonizing Europe, the outlook of Europe’s gas demand, supply and pricing, and global LNG dynamics. Country specific studies include Russia, Norway, the Netherlands, and Germany, with regional studies including North Africa and the Eastern Mediterranean. Alongside detailed analysis of this complex sector it also puts forward a set of policy recommendations for the sector’s key stakeholders. This volume will be of interest to researchers and academics, as well as practitioners and professionals within European gas markets.
Download or read book The Globalization of Natural Gas Markets written by Manfred Hafner and published by Edward Elgar Publishing. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decades, the European gas industry has experienced extraordinary success. A strongly interconnected network of gas pipelines has been developed inside and around Europe, and the liquefied natural gas (LNG) trade has also expanded rapidly. However, the European gas industry is now facing a number of new challenges and opportunities, related to both its demand and supply sides. On the demand side, the ambitious EU de-carbonization targets have led to an unprecedented uncertainty of the EU future gas demand. In fact, the implementation of a climate-based energy policy in Europe challenges the role of natural gas in the long-term European energy mix. Also, natural gas could play an important and cost effective role in the transition towards a low carbon economy. On the supply side, new natural gas supplies are emerging around the world, mainly because of an increase in the global LNG supply and the shale gas revolution in the US. This unprecedented shift in the supply/demand balance is creating new dynamics also in the European gas industry, regarding both the EU security of gas supply architecture and the EU gas pricing mechanism. This book provides a comprehensive analysis of all these challenges and opportunities affecting the European gas industry, providing a clear snapshot of a market characterized by growing uncertainty and volatility. (Series: European Energy Studies - Vol. 6)
Download or read book Natural Gas in Europe written by Javier Estrada and published by Burns & Oates. This book was released on 1988 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of Russian Gas and Gazprom written by Jonathan P. Stern and published by Oxford Institute for Energy Studies. This book was released on 2005 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Russian gas industry provides 50% of Russian domestic energy supplies, a substantial proportion of CIS gas supplies, and around 20% of European gas demand. Declines in production at existing fields mean that Gazprom will face increasingly difficult decisions about moving to higher cost fields on the Yamal Peninsula. The alternative will be increasing imports from Central Asian countries and allowing other Russian gas producers to increase their role in the industry. Russian exports to Europe will gradually increase and deliveries of Russian LNG will commence to Asia and the both coasts of North America. Pipeline gas deliveries to East Asian countries may have a longer time horizon. Export projects aimed at new markets will depend crucially on the maintenance of (oil and) gas prices at the levels of 2003-05. European exports will also depend on the pace of EU market liberalisation and Gazprom's ability to agree mutually acceptable terms for transit, principally with Ukraine and Belarus. Reform, liberalisation and restructuring of the Russian gas industry have been more substantial than has generally been recognised. Most important has been price reform which, in 2005, allowed Russian industrial customers to become profitable to serve at regulated prices. Price increases may significantly reduce future increases in domestic gas demand. The increasing need for production from companies other than Gazprom will ensure that liberalised access to networks expands considerably over the next decade. In the 2000s, Gazprom reclaimed its CIS gas business from intermediaries, while maintaining its de facto monopoly of exports to Europe and establishing a similar degree of authority over future exports to Asia. The merger of Gazprom and Rosneft will provide the potential to become a force in the domestic and international oil markets, particularly given the authority that the president has conferred on the company in terms of Russian energy policy.
Download or read book Europe s Energy Future Natural Gas Supply Between Geopolitics and the Markets Work Package I The Future Role of Natural Gas Trends and Projections for Demand and Supply in 2030 written by Manuel Mohr and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Gas Demand Supply and Pricing written by Anouk Honoré and published by Oxford Institute for Energy Studies. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the late 1990s, the European gas markets have been experiencing significant and rapid changes, which have led to considerable uncertainties about future gas consumption and supply requirements. This book analyses the recent trends and expectations on demand, supply, and pricing of the regional gas industry, focusing on the period up to 2020. The first version was being finalised when the great recession hit Europe in 2008. It was finally completed by spring 2010, at a time when the economic crisis was still raising further uncertainties. Although it was too early to fully understand the impacts of the crisis on the gas (and power) industry, a fundamental rethink has been done and preliminary conclusions were included in the text about future gas demand trajectories, supply cycles and price formation, based on the events we witnessed in late 2008, 2009 and early 2010. -- Back cover.
Download or read book International Gas written by Paul Stevens and published by Springer. This book was released on 1986-06-18 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Outlook for Natural Gas Demand in Europe written by Anouk Honoré and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gas to Europe written by Robert Mabro and published by . This book was released on 1999 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the strategies of four major national companies, Gazprom, Sonatrach, Statoil, and Gasunie, that supply the expanding European gas market. The strategies of these giant corporations are examined in the relevant historical perspective. The analysis concludes by considering future developments of the market and of the supply policies of these main players.
Download or read book The IEA Natural Gas Security Study written by International Energy Agency and published by OECD. This book was released on 1995 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Papers and Proceedings of the Fourth Annual High level ECE Gas Centre Conference on Reform and Restructuring of the Gas Industry in Economies in Transition written by United Nations. Economic Commission for Europe. Gas Centre and published by United Nations Publications. This book was released on 2000 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European gas industry is entering a new phase in its development. Future gas demand forecasts have never been as high and gas is seen, post-Kyoto, as the cleanest energy source among fossil fuels. All European operators are also preparing themselves to seize the opportunities of the new liberalised gas market. This conference focused on future developments of energy and gas prices and competition, gas supply prospects, gas markets in central and eastern European countries (CEEs), and the importance of market oriented pricing for a further expansion of markets in the new de-regulated open market.
Download or read book Flexibility in Natural Gas written by Sylvie Cornot-Gandolphe and published by OECD, International Energy Agency. This book was released on 2002 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flexibility is needed to cover seasonal swings and variations in gas demand, as well as to maintain short-term supply security in the case of a disruption of a supply source. In order to balance supply and demand, gas companies have devised a variety of flexibility tools such as supply swing, storage and interruptible contracts. This book analyses how new flexibility tools and mechanisms are developing with market liberalisation, and considers the differences in flexibility requirements and provisions among IEA member countries.
Download or read book Foundations of Natural Gas Price Formation written by Sergei Komlev and published by Anthem Press. This book was released on 2020-09-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Foundations of Natural Gas Price Formation’ examines the fundamentals of natural gas price formation and the five principal features that make it unique in the world of commodities. It presents a model of hybrid gas pricing developed by Sergei Komlev from his detailed analysis of the interlinked impact of these features that is presented as a corrective to potential market failure. Using mainstream economic theory, the book presents hybrid-pricing mechanisms not previously analyzed. Through a failure to understand the role of hybrid-pricing, boosters of spot pricing mechanisms through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near-term future. ‘Foundations of Natural Gas Price Formation’ defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.
