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The Global Market for Liquefied Natural Gas

Author

Listed:
  • David Jacobs

    (Reserve Bank of Australia)

Abstract

Liquefied natural gas (LNG) provides an economic means to transport natural gas over long distances, bringing production from remote gas reserves to market. A large expansion in global LNG trade is currently under way, and Australia is likely to emerge as the second largest supplier globally in coming years. This article describes the functioning of the global LNG market and outlines Australia's position within the market.

Suggested Citation

  • David Jacobs, 2011. "The Global Market for Liquefied Natural Gas," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 17-28, September.
    • Handle: RePEc:rba:rbabul:sep2011-03
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2011/sep/pdf/bu-0911-3.pdf
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    References listed on IDEAS

    as
    1. Fridtjof Unander, 2005. "Energy indicators and sustainable development: The International Energy Agency approach," Natural Resources Forum, Blackwell Publishing, vol. 29(4), pages 377-391, November.
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    Citations

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    Cited by:

    1. Celal Bayari, 2016. "Economic Geography of the Australian Mining Industry," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 107(5), pages 552-566, December.
    2. W. Max Corden, 2012. "Dutch Disease in Australia: Policy Options for a Three-Speed Economy," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 45(3), pages 290-304, September.
    3. Goncharuk, Anatoliy G. & Storto, Corrado lo, 2017. "Challenges and policy implications of gas reform in Italy and Ukraine: Evidence from a benchmarking analysis," Energy Policy, Elsevier, vol. 101(C), pages 456-466.
    4. Nelson, Tim, 2018. "East-coast Australian gas markets—Overcoming the lumpiness of capital allocation and temporal instability," Economic Analysis and Policy, Elsevier, vol. 59(C), pages 103-112.
    5. Tim Atkin & Ellis Connolly, 2013. "Australian Exports: Global Demand and the High Exchange Rate," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 1-10, June.
    6. De Silva, P.N.K. & Simons, S.J.R. & Stevens, P., 2016. "Economic impact analysis of natural gas development and the policy implications," Energy Policy, Elsevier, vol. 88(C), pages 639-651.
    7. Anatoliy G. Goncharuk, 2014. "Losers and Beneficiaries from the Growth of Natural Gas Prices," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 3(2), pages 117-126.
    8. Natasha Cassidy & Mitch Kosev, 2015. "Australia and the Global LNG Market," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 33-44, March.

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