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Natural Gas Across Country Borders: An Introduction and Overview

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  • Hillard G. Huntington

Abstract

In the last several years, market forces and institutions have transformed international natural gas markets in fundamental ways. Natural gas today is relatively easy to transport over water, and an increasing volume of purchases flow through the spot market. As trade grows, regional prices start to move with each other. Although one does not need formal modeling to describe these new developments, it is also evident that the modeling process improves our basic understanding of how these trends reshape the natural gas outlook.

Suggested Citation

  • Hillard G. Huntington, 2009. "Natural Gas Across Country Borders: An Introduction and Overview," The Energy Journal, , vol. 30(1_suppl), pages 1-8, June.
    • Handle: RePEc:sae:enejou:v:30:y:2009:i:1_suppl:p:1-8
    DOI: 10.5547/ISSN0195-6574-EJ-Vol30-NoSI-1
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    References listed on IDEAS

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    1. W. David Walls, 1994. "Price Convergence Across Natural Gas Fields and City Markets," The Energy Journal, , vol. 15(4), pages 37-48, October.
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    2. Ishmael Ackah, 2014. "Determinants of natural gas demand in Ghana," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 38(3), pages 272-295, September.
    3. Franziska Holz & Philipp M. Richter & Ruud Egging, 2013. "The Role of Natural Gas in a Low-Carbon Europe: Infrastructure and Regional Supply Security in the Global Gas Model," Discussion Papers of DIW Berlin 1273, DIW Berlin, German Institute for Economic Research.
    4. Prakash Loungani, 2009. "The Elusive Quest for Energy Independence," International Finance, Wiley Blackwell, vol. 12(2), pages 291-299, August.
    5. Ivan Diaz‐Rainey & Mathias Siems & John K. Ashton, 2011. "The financial regulation of energy and environmental markets," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 19(4), pages 355-369, November.
    6. Frederic Murphy & Axel Pierru & Yves Smeers, 2016. "A Tutorial on Building Policy Models as Mixed-Complementarity Problems," Interfaces, INFORMS, vol. 46(6), pages 465-481, December.

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    More about this item

    Keywords

    Natural gas; LNG; transport; trade;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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