Download or read book LNG Markets in Transition written by Anne-Sophie Corbeau and published by Oxford University Press, USA. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present situation in the LNG market should be seen as a 'crossroads' for the industry. The LNG industry has not been static over the past 5 decades and has already experienced many changes, but still the model of long-term contracts prevails and the majority of LNG is still bought at oil-indexed gas prices. There have however been considerable changes: an increase in short-term trading of LNG, buyer contractual flexibility and FOB contracts which have lead to around a quarter of the LNG is being traded under spot and short-term contracts, with aggregators play a far more significant role. All these factors have influenced project business structures. The industry has now embarked on a period of further change, with 180 bcm of new LNG export capacity (equivalent to more than 50% of LNG trade in 2014) under construction at a time when the assumed rapid LNG demand growth in Asia appears to be slowing. The absorption of this new supply will affect, not only trade-flow patterns, but also pricing dynamics, competition with other gas supply channels and (in the power sector) potentially other fuels. Key to this change is US LNG, with buyers becoming more selective about the price and delivery terms they are ready to accept. Sellers however are facing high costs and are reluctant to abandon a business model in which they have confidence. Oil indexation is under further attack with US LNG selling at HH indexed prices (plus costs), and other sellers and buyers have been pressured to adopt different pricing policies and secure more contractual flexibility. This volume examines the development of the LNG business over the past 50 years and examines how the industry will change over the coming 15 years, faced by unprecedented challenges to its historic business model.
Download or read book Handbook of Liquefied Natural Gas written by Saeid Mokhatab and published by Gulf Professional Publishing. This book was released on 2013-10-15 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liquefied natural gas (LNG) is a commercially attractive phase of the commodity that facilitates the efficient handling and transportation of natural gas around the world. The LNG industry, using technologies proven over decades of development, continues to expand its markets, diversify its supply chains and increase its share of the global natural gas trade. The Handbook of Liquefied Natural Gas is a timely book as the industry is currently developing new large sources of supply and the technologies have evolved in recent years to enable offshore infrastructure to develop and handle resources in more remote and harsher environments. It is the only book of its kind, covering the many aspects of the LNG supply chain from liquefaction to regasification by addressing the LNG industries' fundamentals and markets, as well as detailed engineering and design principles. A unique, well-documented, and forward-thinking work, this reference book provides an ideal platform for scientists, engineers, and other professionals involved in the LNG industry to gain a better understanding of the key basic and advanced topics relevant to LNG projects in operation and/or in planning and development. - Highlights the developments in the natural gas liquefaction industries and the challenges in meeting environmental regulations - Provides guidelines in utilizing the full potential of LNG assets - Offers advices on LNG plant design and operation based on proven practices and design experience - Emphasizes technology selection and innovation with focus on a "fit-for-purpose design - Updates code and regulation, safety, and security requirements for LNG applications
Download or read book China s Gas Development Strategies written by Shell International B.V. and published by Springer. This book was released on 2017-11-23 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.
Download or read book LNG written by Michael D. Tusiani and published by Pennwell Books. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this updated and revised second edition, author Michael Tusiani uses everyday language and real-world examples to help readers understand the complex LNG industry. The authors Michael Tusiani and Gordon Shearer build upon the knowledge contained in their comprehensive and valuable reference LNG: A Nontechnical Guide . The book uses everyday language and real-world examples to help readers understand the complex LNG industry. It also provides the reader with insights into changes in the markets, technology advances and the commercial evolution of what remains as one of the most capital-intensive and formidable global industries. Features include: Explains the technologies utilized: liquefaction, shipping and regasification, onshore and floating Covers existing and proposed worldwide LNG projects Examines the economics and commercial structure of the LNG industry, including synopses of gas supply agreements, LNG sales contracts, and financing Discusses shipping conventions and regulations . This book is an important resource for energy industry leaders, investment bankers, energy professionals, or anyone wanting to expand their knowledge of the LNG industry
Download or read book Complementarity Modeling in Energy Markets written by Steven A. Gabriel and published by Springer Science & Business Media. This book was released on 2012-07-20 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: This addition to the ISOR series introduces complementarity models in a straightforward and approachable manner and uses them to carry out an in-depth analysis of energy markets, including formulation issues and solution techniques. In a nutshell, complementarity models generalize: a. optimization problems via their Karush-Kuhn-Tucker conditions b. on-cooperative games in which each player may be solving a separate but related optimization problem with potentially overall system constraints (e.g., market-clearing conditions) c. conomic and engineering problems that aren’t specifically derived from optimization problems (e.g., spatial price equilibria) d. roblems in which both primal and dual variables (prices) appear in the original formulation (e.g., The National Energy Modeling System (NEMS) or its precursor, PIES). As such, complementarity models are a very general and flexible modeling format. A natural question is why concentrate on energy markets for this complementarity approach? s it turns out, energy or other markets that have game theoretic aspects are best modeled by complementarity problems. The reason is that the traditional perfect competition approach no longer applies due to deregulation and restructuring of these markets and thus the corresponding optimization problems may no longer hold. Also, in some instances it is important in the original model formulation to involve both primal variables (e.g., production) as well as dual variables (e.g., market prices) for public and private sector energy planning. Traditional optimization problems can not directly handle this mixing of primal and dual variables but complementarity models can and this makes them all that more effective for decision-makers.
Download or read book Energy for the 21st Century written by Susan L. Sakmar and published by . This book was released on 2015-10-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries around the world are increasingly looking to liquefied natural gas (LNG) - natural gas that has been cooled until it forms a transportable liquid - to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.
Download or read book The New Geopolitics of Natural Gas written by Agnia Grigas and published by . This book was released on 2017 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cover -- Title page -- Copyright -- Dedication -- Contents -- Introduction: A New Era of Gas -- 1. The Changing Global Gas Sector -- 2. The Politics and Commerce of American LNG Exports -- 3. The Politics of Supply: Russiaand Gazprom -- 4. The Politics of Dependence Transformed: Europe -- 5. The Politics of Transit: Ukraine and Belarus -- 6. The Politics of Isolated Suppliers: The Caucasus and Central Asia -- 7. The Politics of Demand: China and Beyond -- Conclusion -- Notes -- Acknowledgments -- Index
Download or read book The Pricing of Internationally Traded Gas written by Jonathan Stern and published by Oxford Institute for Energy Studies. This book was released on 2012-11-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A volume on the pricing of gas in international trade. Gas accounts for around 25% of global energy demand and international gas trade is growing rapidly. The book covers the development of international gas pricing in all regions of the world where gas is traded, and considers whether gas could become a global market.
Download or read book Global Energy Fundamentals written by Simone Tagliapietra and published by Cambridge University Press. This book was released on 2020-08-13 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a rigorous, concise guide to the current status and future prospects of the global energy system. As we move away from fossil fuels and toward clean energy solutions, the complexity of the global energy system has increased. Tagliapietra cuts through this complexity with a multidisciplinary perspective of the system, which encompasses economics, geopolitics, and basic technology. He goes on to explore the main components of the global energy system - oil, natural gas, coal, nuclear energy, bioenergy, hydropower, geothermal energy, wind energy, solar energy, marine energy - as well as energy consumption and energy efficiency. It then provides an in-depth analysis of the pivotal issues of climate change and of energy access in Africa.
Download or read book Global LNG Market written by Marcin Gałczyński and published by . This book was released on 2017 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Development of a Global LNG Market written by James T. Jensen and published by . This book was released on 2004 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A major aim of this study is to test the proposition that LNG markets will become increasingly 'global'. In the process, the study illuminates the very substantial changes unfolding in the Atlantic and Pacific Basin LNG markets. The evolution of short-term and spot transactions, and the development of arbitrage opportunities within the Atlantic Basin and between the Atlantic and the Pacific, have been identified as important trends, as demand for LNG increases, particularly in the United States."--BOOK JACKET.
Download or read book The Bridge written by Thane Gustafson and published by Harvard University Press. This book was released on 2020-01-07 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Marginal Revolution Best Book of the Year Winner of the Shulman Book Prize A noted expert on Russian energy argues that despite Europe’s geopolitical rivalries, natural gas and deals based on it unite Europe’s nations in mutual self-interest. Three decades after the fall of the Berlin Wall and the breakup of the Soviet empire, the West faces a new era of East–West tensions. Any vision of a modern Russia integrated into the world economy and aligned in peaceful partnership with a reunited Europe has abruptly vanished. Two opposing narratives vie to explain the strategic future of Europe, one geopolitical and one economic, and both center on the same resource: natural gas. In The Bridge, Thane Gustafson, an expert on Russian oil and gas, argues that the political rivalries that capture the lion’s share of media attention must be viewed alongside multiple business interests and differences in economic ideologies. With a dense network of pipelines linking Europe and Russia, natural gas serves as a bridge that unites the region through common interests. Tracking the economic and political role of natural gas through several countries—Russia and Ukraine, the United Kingdom, Germany, the Netherlands, and Norway—The Bridge details both its history and its likely future. As Gustafson suggests, there are reasons for optimism, but whether the “gas bridge” can ultimately survive mounting geopolitical tensions and environmental challenges remains to be seen.
Download or read book Global Energy Governance written by Andreas Goldthau and published by Rowman & Littlefield. This book was released on 2010-03-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Global Public Policy Institute publication The global market for oil and gas resources is rapidly changing. Three major trends—the rise of new consumers, the increasing influence of state players, and concerns about climate change—are combining to challenge existing regulatory structures, many of which have been in place for a half-century. Global Energy Governance analyzes the energy market from an institutionalist perspective and offers practical policy recommendations to deal with these new challenges. Much of the existing discourse on energy governance deals with hard security issues but neglects the challenges to global governance. Global Energy Governance fills this gap with perspectives on how regulatory institutions can ensure reliable sources of energy, evaluate financial risk, and provide emergency response mechanisms to deal with interruptions in supply. The authors bring together decisionmakers from industry, government, and civil society in order to address two central questions: •What are the current practices of existing institutions governing global oil and gas on financial markets? •How do these institutions need to adapt in order to meet the challenges of the twenty-first century? The resulting governance-oriented analysis of the three interlocking trends also provides the basis for policy recommendations to improve global regulation. Contributors include Thorsten Benner, Global Public Policy Institute, Berlin; William Blyth, Chatham House, Royal Institute for International Affairs, London; Albert Bressand, School of International and Public Affairs, Columbia University; Dick de Jong, Clingendael International Energy Programme; Ralf Dickel, Energy Charter Secretariat; Andreas Goldthau, Central European University, Budapest, and Global Public Policy Institute, Berlin; Enno Harks, Global Public Policy Institute, Berlin; Wade Hoxtell, Global Public Policy Institute, Berlin; Hillard Huntington, Energy Modeling Forum, Stanford University; Christine Jojarth, Center on Democracy, Development, and the Rule of Law, Stanford University; Frederic Kalinke, Department of Politics and International Relations, Oxford University; Wilfrid L. Kohl, School of Advanced International Studies, Johns Hopkins University; Jamie Manzer, Global Public Policy Institute, Berlin; Amy Myers Jaffe, James A. Baker Institute for Public Policy, Rice University; Yulia Selivanova, Energy Charter Secretariat; Tom Smeenk, Clingendael International Energy Programme; Ricardo Soares de Oliveira, Department of Politics and International Relations, Oxford University; Ronald Soligo, Rice University; Joseph A. Stanislaw, Deloitte LLP and The JAStanislaw Group, LLC; Coby van der Linde, Clingendael International Energy Programme; Jan Martin Witte, Global Public Policy Institute, Berlin; Simonetta Zarrilli, Division on International Trade and Commodities, United Nations Conference on Trade and Development.
Download or read book Natural Gas and Geopolitics written by David G. Victor and published by Cambridge University Press. This book was released on 2006-06-29 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global consumption of natural gas is generally expected to double by 2030. However, in the areas of highest-expected demand, the consumption of gas is expected to far outstrip indigenous supplies. This book explores the political challenges which may accompany a shift to a gas-fed world.
Download or read book The Global Oil and Gas Industry written by Andrew C. Inkpen and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of Natural Gas written by and published by . This book was released on with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Security of Gas Supply in Open Markets written by International Energy Agency and published by OECD. This book was released on 2004 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, many IEA member countries have opened their energy markets to competition, with governments progressively withdrawing from direct management of the gas sector and focusing on establishing objectives and competition frameworks. With the continued growth of gas demand and the decline of domestic reserves, most IEA countries will need to import more gas, mainly for power generation, which will require access to gas reserves at competitive conditions, as well as timely investment in new infrastructure to ensure a reliable gas supply. This publication, part of a series on energy market reforms, examines recent developments in security of gas supply and reliability in all IEA regions, in the light of these new demand and supply trends. It includes a CD-ROM containing the views of the main stakeholders (governments, regulators, industry, customers and other organisations) involved.
