We analyse effects of various natural gas supply scenarios in a liberalised Western European energy market in 2010. Our starting point is the uncertainties about future natural gas exports from Russia and LNG-producing countries. Our results indicate that the average natural gas producer price...

Using a partial equilibrium model for the global oil market, we search for the producer tax that maximizes the government’s discounted tax revenue in Norway. The oil market model explicitly accounts for reserves, development and production in 4 field categories across 15 regions. The oil...

The Arctic has a substantial share of global petroleum resources, but at higher costs than in most other petroleum provinces. Arctic states and petroleum companies are carefully considering the potential for future extraction in the Arctic. This paper studies the oil and gas supply from 6 arctic...