The market for internationally traded gas has now globalized, assisted by the advent of US LNG from the Lower-48. The volume of flexible LNG has increased sharply since 2016 and was instrumental in the diversion of LNG cargoes to Europe, following the loss of Russian pipeline gas in 2022. In a...

The energy crisis, catalysed by the Russian invasion of Ukraine, has disrupted the global gas market. This analysis out to 2030 assesses the impact of the crisis and considers whether this may lead to a fundamental change in the global gas market or whether it my just be a slight blip in the...

This paper replicates the analysis in the paper “What Drives Natural Gas Prices?" by Stephen P.A. Brown and Mine K. Yücel. The replication confirms the results of that analysis: a long-run relationship existed between natural-gas prices and crude-oil prices during the period from June 1997 to...