The ASEAN region's most ambitious mega-project, the trans-ASEAN Gas Pipeline (TAGP) aims to connect the gas reserves of the Andaman Sea, Gulf of Thailand and South China Sea to the urban and industrial demand centres of Southeast Asia. The economics prospects for the TAGP are poor, dependent as...

Japan's natural gas industry is reliant on imported liquefied natural gas (LNG) that normally requires regasification prior to consumption. Unbundling of the industry has not been enforced and while some local distribution utilities purchase gas via pipelines that is regasified by the seller,...

The aim of this paper is to examine the environmental impacts of shale gas, conventional gas and coal on air, water, and land in the United States. These factors decisively affect the quality of life (public health and safety) as well as local and global environmental protection. Comparing...

The US shale gas revolution has caused a substantial decline of US dependency on natural gas imports and has led to a significant decrease of spot prices for natural gas at Henry Hub. Given that the recent LNG development has been largely oriented towards the US market, this was the major reason...

The dynamics of markets for natural gas during the last years included the higher role of LNG in gas trade, the growing role of spot markets, deregulation, liberalization and competition in national gas markets. Rising flexibility in contracts' destination clauses created new international...

Gas is an interesting example in which the market structure cannot be derived from pure economic aspects. Due to huge required investments, substantial transport costs and large heterogeneity in gas deposits and major consumption areas geography is very important. Politics also plays an...

The current 13th Five-Year Plan endorses the use of natural gas to achieve a cleaner energy mix. The objective of this research is to examine household natural gas demand and provide insights to natural gas exporters. Research on natural gas demand and cycles in China is valuable, because small...

When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...

According to the U.S. Energy Information Administration, LNG is projected to become a much larger share of U.S. natural gas consumption, rising from current levels of around 2.5% of total natural gas consumption to 12.4% by 2030. Because natural gas and LNG are substitutes, natural gas prices...

The purpose of this working paper is to delineate the correlation between decarbonization and security of supply, and to assess the sequential effect of these notions on the EU’s external gas relations. It first discusses the contribution of the gas sector to the EU’s decarbonization...