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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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This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...
Persistent link: https://www.econbiz.de/10014401810
This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...
Persistent link: https://www.econbiz.de/10013317916