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We assess how rising exports of US liquefied natural gas (LNG) affect the convergence of natural gas prices worldwide. Using standard principal component analysis and cointegrating techniques, we show that the degree of co-movement between global benchmark prices for natural gas has strengthened...
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As the world enters the second decade of the 21st century, policy makers around the globe continue to grapple with … same time, concerns about global climate change and reducing greenhouse gas emissions remain in focus as the world … around the world are increasingly looking towards natural gas to play a key role in powering the future. The prospects for …
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