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The current article claims that the recent changes taking place in the EU gas market, and namely internal market drive and security of supply concerns, have a significant impact upon the process of natural gas odorization. The latter did not represent significant problems in previously...
Persistent link: https://www.econbiz.de/10013025706
This paper analyzes the role of storage for economies facing the risk of a gas supply disruption. We characterize the optimal/competitive transitory dynamics (accumulation, drainage and target stock). We partially relax the irreversibility hypothesis, by extending the model in two directions:...
Persistent link: https://www.econbiz.de/10014222555
The purpose of this paper is the comparative analysis of four natural gas storage valuation approaches. In competitive natural gas markets the optimal valuation and operation of natural gas storages is a key task for natural gas companies operating storages. Within this paper, four spot based...
Persistent link: https://www.econbiz.de/10014040622
The Act of Union (1707) unified England and Scotland politically and economically, formally establishing the United Kingdom of Great Britain, and a customs union throughout the island of Britain. In this paper, we examine the impact of union on British market integration using wheat prices from...
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This study investigates the long-run relationships and short-run dynamic causal linkages between the stock exchange of Egypt and its counterparts in the Group of Seven (G7) countries, prior to and following the tragic events of September 2001, utilizing Johansen's cointegration and variance...
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