It is well recognized by economists that long-term contracting under an array of price and non-price provisions may be an efficient response to small-numbers bargaining problems. Empirical work to distinguish such issues from predictions of models of market power and bargaining has been sparse,...

Natural gas markets are changing at a rapid pace, moving from regional integration to a more globalised and interdependent market. This transformation is creating new security-related concerns, which remain alive despite the current state of oversupply in the gas market. The International Energy...

Global gas demand is expected to fall by 3% or 120 billion cubic metres (bcm) – its largest drop on record. Amid this slowdown, LNG continues to play a central role in balancing global gas markets, ensuring flexibility and security of supply. Faced with a historic fall in global gas demand in...