CITY GATE NATURAL GAS PRICING IN AUSTRALIA

1981 ◽  
Vol 21 (1) ◽  
pp. 33
Author(s):  
B. P. McCaul

Natural gas price structures in Australia vary widely from state to state. Long-term low-base-price contracts with inadequate, but freely entered into, price escalation clauses are the main cause of this discrepancy.Natural gas pricing structures in Australia evolved from the cost of alternate energy forms or market conditions prior to 1970, when the first contracts were negotiated. Major changes in the pricing environment have since occurred. New factors include substantial Government control or influence and the development of a monopsonistic market in place of the previous situation where there were alternative sales outlets.The influence of gas utilities on the overall gas price structure has changed dramatically in the last 10 years.Explorers are looking to new marketing and gas use concepts to obtain a more equitable return for their risk than the present monopsonistic market promises to allow. They do not accept that the reward for success should reside with the gas utilities as it currently does, rather than with them as the original risk takers.The industry should itself make changes in current gas pricing structures to correct inequitable and anomalous situations. This would preempt probable Government interference.A free market system is the best long-term policy to ensure efficient exploration and economic use of natural gas.

1995 ◽  
Vol 13 (5) ◽  
pp. 545-552
Author(s):  
Brent Friedenberg

The financial outlook for the Canadian gas industry depends on the outlook for gas prices at Canadian producing basins, the cost of producing in Canada and the volume of production of Canadian natural gas. Price, cost and volume determine the health of the Canadian industry. Industry's costs are the basis of the supply (volume) offered on the market and price is determined by the interaction of supply and demand.


Subject Shortages in Turkmenistan despite gas wealth. Significance Despite predictions of more than 6% growth, the Turkmen economy has been hard hit by the decline in natural gas prices since 2014. News of food running out in the shops and cash becoming less available suggests the government is not coping well. Turkmenistan only has one gas customer, China, and the revenues are going partly to offset debt. Impacts The government may have to solicit IMF advice and Russian assistance but will be reluctant to accept their terms. Turkey, a long-term commercial and political friend, may be the most appealing foreign partner. Any upsurge in conflict along the border with Afghanistan will alarm the government and prompt higher defence spending.


Author(s):  
Finizio Steven ◽  
Howe Michael

This chapter first describes the main transactions that occur in relation to the supply of natural gas after its exploration. In particular, it studies contracts relating to: the production of gas (including drilling contracts), the processing of gas, the transportation of gas (including in pipelines and as liquefied natural gas (LNG) by ship), the storage of gas, the sale of gas from producers to wholesalers, and the sale of gas from wholesalers to end users. The chapter then discusses disputes that typically arise in relation to those transactions, including transportation infrastructure disputes and storage disputes. It pays particular attention to disputes relating to long-term gas sale and purchase agreements (GSPAs), an important number of which have led to high-profile arbitration proceedings in recent years. The chapter, therefore, analyzes in detail the clauses typically contained in those agreements, and the issues that typically arise in arbitration — in particular, gas price reviews.


2015 ◽  
Vol 51 (4) ◽  
pp. 2412-2427 ◽  
Author(s):  
Jordan D. Kern ◽  
Gregory W. Characklis ◽  
Benjamin T. Foster

Phlebologie ◽  
2010 ◽  
Vol 39 (03) ◽  
pp. 133-137
Author(s):  
H. Partsch

SummaryBackground: Compression stockings are widely used in patients with varicose veins. Methods: Based on published literature three main points are discussed: 1. the rationale of compression therapy in primary varicose veins, 2. the prescription of compression stockings in daily practice, 3. studies required in the future. Results: The main objective of prescribing compression stockings for patients with varicose veins is to improve subjective leg complaints and to prevent swelling after sitting and standing. No convincing data are available concerning prevention of progression or of complications. In daily practice varicose veins are the most common indication to prescribe compression stockings. The compliance depends on the severity of the disorder and is rather poor in less severe stages. Long-term studies are needed to proof the cost-effectiveness of compression stockings concerning subjective symptoms and objective signs of varicose veins adjusted to their clinical severity. Conclusion: Compression stockings in primary varicose veins are able to improve leg complaints and to prevent swelling.


2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.


2017 ◽  
pp. 34-47
Author(s):  
Hoi Le Quoc ◽  
Nam Pham Xuan ◽  
Tuan Nguyen Anh

The study was targeted at developing a methodology for constructing a macroeconomic performance index at a provincial level for the first time in Vietnam based on 4 groups of measurements: (i) Economic indicators; (ii) oriented economic indicators; (iii) socio-economic indicators; and (iv) economic - social – institutional indicators. Applying the methodology to the 2011 - 2015 empirical data of all provinces in Vietnam, the research shows that the socio-economic development strategy implemented by those provinces did not provide balanced outcomes between growth and social objectives, sustainability and inclusiveness. Many provinces focused on economic growth at the cost of structural change, equality and institutional transformation. In contrast, many provinces were successful in improving equality but not growth. Those facts threaten the long-term development objectives of the provinces.


2020 ◽  
pp. 431-434
Author(s):  
Oliver Arndt

This paper deals with the conversion of coke fired lime kilns to gas and the conclusions drawn from the completed projects. The paper presents (1) the decision process associated with the adoption of the new technology, (2) the necessary steps of the conversion, (3) the experiences and issues which occurred during the first campaign, (4) the impacts on the beet sugar factory (i.e. on the CO2 balance and exhaust gas temperature), (5) the long term impressions and capabilities of several campaigns of operation, (6) the details of available technologies and (7) additional benefits that would justify a conversion from coke to natural gas operation on existing lime kilns. (8) Forecast view to develop systems usable for alternative gaseous fuels (e.g. biogas).


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