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the answers was to increase imports of liquefied natural gas (LNG). By bypassing the use of pipelines from the East by … building LNG terminals, the EU opened up a wider variety of potential suppliers. The Europe-Africa Energy and Climate … Coalition for Trade and Investment (ACTING) estimates potential sub-Saharan LNG export capacity at 134 million tonnes of LNG …
Persistent link: https://www.econbiz.de/10014637402
Perfect integration eludes the real world, so we suggest a realistic benchmark standard for judging the extent of market integration in various economies. We estimate the degree of integration in the US product market, widely acknowledged to be the most integrated among geographically large...
Persistent link: https://www.econbiz.de/10012729577
Persistent link: https://www.econbiz.de/10011825368
pathways are based on natural gas or renewable electricity. LNG represents an increasingly important component of the global … natural gas market. This paper examines synergies and linkages between the hydrogen and LNG values chains and quantifies the … impact of increased low-carbon hydrogen production on global LNG flows. The analysis is conducted through interviews with LNG …
Persistent link: https://www.econbiz.de/10012653860
Strong liquefied natural gas (LNG) demand growth, especially in Asia, could increasingly motivate gas infrastructure … Canadian provinces that are well positioned to supply LNG to the Asian market. In this paper, we investigate the combined … effects of LNG demand growth and export infrastructure restrictions on North American natural gas markets through 2050. To do …
Persistent link: https://www.econbiz.de/10013214313
In this paper we investigate natural gas producer's reactions to changes in market prices. We estimate price elasticities of aggregated supply in the most competitive market for natural gas: the United States. Using monthly time series data form 1987 to 2012 our analysis is based on an...
Persistent link: https://www.econbiz.de/10010339163
We use the Shapley value and the nucleolus to analyze the impact of three controversial pipeline projects on the power structure in the Eurasian trade of natural gas. Two pipelines, `Nord Stream' and `South Stream', allow Russian gas to bypass transit countries, Ukraine and Belarus. The third...
Persistent link: https://www.econbiz.de/10010490647
Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic...
Persistent link: https://www.econbiz.de/10011713392
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of industrialization. Our empirical strategy focuses on the dynamics of price convergence and accounts for general equilibrium effects arising from common shocks and network...
Persistent link: https://www.econbiz.de/10011375678
In this paper we document a process of price convergence in the European market for pharmaceutical products and relate it to access to innovative medicines in individual countries. The EU is a peculiar case study, where free circulation of goods coexists with pricing policies designed and...
Persistent link: https://www.econbiz.de/10013001124