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Recent supply security concerns in Europe have revived interest into the natural gas market. Here, we investigate investment behavior and trade in an imperfect market structure under uncertainty in both supply and demand. We focus on three uncertain events: i) transit of Russian gas via Ukraine...
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Chapter 1. All Value Chains Begin Upstream -- Chapter 2. The Gas-Power Nexus -- Chapter 3. Petrochemicals: An Industrial Renaissance? -- Chapter 4. LNG in the Global Context -- Chapter 5.Natural Gas Worldwide: Where Are the Markets, Where Are They Heading? -- Chapter 6. Building Sustainable...
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We assess how rising exports of US liquefied natural gas (LNG) affect the convergence of natural gas prices worldwide. Using standard principal component analysis and cointegrating techniques, we show that the degree of co-movement between global benchmark prices for natural gas has strengthened...
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Hydrogen is gaining prominence as a critical tool for countries to meet decarbonisation targets. The main production 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...
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The Global Methane Pledge to reduce emissions by at least 30 per cent by 2030, was signed by more than 100 countries at the COP26 Conference in November 2021. Reducing methane emissions from fossil fuel sources by up to 75 per cent by 2030 has been identified as an essential contribution to...
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