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 dependency on imported essential production inputs poses a threat of abrupt price hikes and shortages, potentially triggered by political events. The energy crisis resulting from the Russian war of aggression is an example. This paper investigates whether governments should bolster...

Laut ökonomischer Forschung sind Preisgarantien geeignet, den Wettbewerb zwischen Unternehmen zu beschränken, da Konkurrenten dem auslobenden Unternehmen dadurch weniger Kunden abwerben können und entmutigt werden, dessen Preise zu unterbieten. Mit der "aufeinander abgestimmten...