Oglend, Atle; Osmundsen, Petter; Selland Kleppe, Tore - 2015
-market price spreads. This is relevant for liquefied natural gas (LNG) exports. LNG transportation capacity is limited in the short …-run, and long lead-times are involved in extending the transportation infrastructure. We establish empirically that LNG … capture part of the price spread. We proceed to develop a method to value LNG exports under conditions of endogenous …