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...

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 goal of this paper is to evaluate the perspectives of China to become less dependent on gas imports in future. This paper tries to forecast the future production of natural gas in China and demand for imports. The key problem is to what extent China can become the second country after the...