In this paper, we analyze structural changes in long-term contracts in the international trade of natural gas. Using a unique data set of 262 long-term contracts between natural gas producers and importers, we estimate the impact of different institutional, structural and technical variables on...

This book examines the geopolitical implications of the transforming global gas markets. Formerly a local and regional resource, gas is on the cusp of becoming a global commodity. Global LNG trade is rising and interconnections between previously isolated gas markets and gas pipeline...