Financial Outlook for the Canadian Gas Industry

1995 ◽  
Vol 13 (5) ◽  
pp. 545-552
Author(s):  
Brent Friedenberg
Keyword(s):  
Natural Gas ◽  
Supply And Demand ◽  
Gas Industry ◽  
The Cost ◽  
Gas Price

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.

World Gas Supplies for the Future: Questions and Answers

1993 ◽  
Vol 11 (6) ◽  
pp. 540-568 ◽  
Author(s):  
B. Tissot ◽  
M. Valais
Keyword(s):  
Natural Gas ◽  
Fossil Fuels ◽  
Economic Viability ◽  
Critical Question ◽  
Gas Industry ◽  
Political Issues ◽  
The Future ◽  
Questions And Answers ◽  
The Cost ◽  
Substantial Rise

The abundance of the worldwide resources of natural gas and its qualities as a “clean” fuel make it a major energy option for the future. However, the increasing distance of resources in relation to the major consuming zones should bring about a considerable development of international gas trade and also a very substantial rise in the cost of future supplies to major markets. Will these markets accept a new scale of value for natural gas in relation to other fossil fuels in order to ensure the economic viability of the formidable investments required in the coming decades is the most critical question of the gas industry, among many other technical, economic and political issues.

CITY GATE NATURAL GAS PRICING IN AUSTRALIA

1981 ◽  
Vol 21 (1) ◽  
pp. 33
Author(s):  
B. P. McCaul
Keyword(s):  
Natural Gas ◽  
Free Market ◽  
Government Control ◽  
Price Structure ◽  
Efficient Exploration ◽  
Price Escalation ◽  
The Cost ◽  
Gas Price ◽  
Economic Use

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.

scholarly journals PLOTTING A DIAGRAM OF NATURAL GAS INTERCHANGEABILITY FOR THE ENERGY MARKET OF GEORGIA

World Science ◽  
2020 ◽  
Author(s):  
Dimitri Namgaladze ◽  
Tornike Kiziria ◽  
Lena Shatakishvili ◽  
Tamaz Ghvanidze
Keyword(s):  
Natural Gas ◽  
Calorific Value ◽  
Energy Market ◽  
Gas Industry ◽  
Natural Gases ◽  
Cost Of Energy ◽  
Gas Market ◽  
Wobbe Index ◽  
The Cost ◽  
First Time

The increase in the cost of energy and the appearance of gases of various qualities led to the fact that calculations in the gas industry began to be made by measuring thermal energy.  To this day, in Georgia, the calculation of the amount of natural gas when paying for the used gas is in cubic meters.  As for the study of processes and parameters in the Georgian gas sector, it turned out that these processes are clearly stochastic.  Therefore, the purpose of the work is to develop criteria for the interchangeability of natural gas, in particular, a diagram of the interaction between the Wobbe index in total proportions of propane and nitrogen equivalent for the Georgian gas market, based on stochastic processes.  Thus, for the first time, an original methodology for plotting the Wobbe Index (calorific value) of interchangeable natural gases supplied to Georgia was developed.

scholarly journals China’s Natural Gas Price Reform and Its Impact Analysis

2021 ◽  
Vol 251 ◽  
pp. 01003
Author(s):  
Li Zhao ◽  
Yu Lulu
Keyword(s):  
Natural Gas ◽  
High Speed ◽  
Impact Analysis ◽  
Low Carbon ◽  
Gas Industry ◽  
Low Carbon Economy ◽  
Industry Chain ◽  
Natural Gas Industry ◽  
Price Reform ◽  
Gas Price

With the further development of new types of industrialization and urbanization in China, the environmental deterioration and energy safety problems have been increasingly prominent. As a clean, efficient and high-quality energy source, natural gas has ushered in unprecedented development opportunities. In recent decades, the natural gas consumption has kept high-speed growth in China, but its proportion in the energy consumption structure still has a long way to go to reach the international average level, which is mainly ascribed to the not perfect enough market-oriented reform of natural gas price. Natural gas price reform is not a simple project, but instead, it is complicated as it needs to integrate the reform in the natural gas industry chain, management system reform and market supervision of natural price in different phases. Therefore, promoting the natural gas price reform and establishing a perfect supervision system is the only way to ensure China’s energy safety and realize the transformation and development of low-carbon economy. In this research, the current situation and problems existing in the natural gas price reform in China were analyzed, and the concrete solutions specific to the natural gas industry chain, pricing and market supervision.

scholarly journals Natural gas price uncertainty and the cost‐effectiveness of hedging against low hydropower revenues caused by drought

2015 ◽  
Vol 51 (4) ◽  
pp. 2412-2427 ◽  
Author(s):  
Jordan D. Kern ◽  
Gregory W. Characklis ◽  
Benjamin T. Foster
Keyword(s):  
Cost Effectiveness ◽  
Natural Gas ◽  
Price Uncertainty ◽  
The Cost ◽  
Gas Price

scholarly journals Problems and Prospects of the Helium Industry in Russia

2021 ◽  
Vol 31 (4) ◽  
pp. 448-457
Author(s):  
Genrietta Rusetskaya ◽  
Alexander Yuryshev
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
World Market ◽  
Added Value ◽  
Processing Plant ◽  
Gas Industry ◽  
Gas Processing ◽  
Russian Economy ◽  
The World ◽  
The Cost

The transition to an innovative way of development in the gas industry is associated with deep, comprehensive processing of natural gas, the start-up of manufacturing products with high added value. In terms of proven reserves of natural gas, Russia ranks number one in the world, the demand is constantly growing both at the domestic market and for exports. Natural and associated petroleum gases of many oil and gas condensate fields in Russia are multicomponent systems that contain a number of components important for the gas chemical industry (ethane, propane, butane, etc.). The most valuable of these is helium. The purpose of this work is to study the problems and prospects for the development of the helium industry in Russia and in the world. Using the methods of economic analysis, generalization and synthesis, the authors estimated the volume of reserves of helium-saturated gases in the fields of the country and Eastern Siberia, the state of helium production, the potential for using helium in the sectors of the Russian economy, the possibility and conditions of competitive entry into the world market. As a result, they detected Russia’s technological inferiority in a number of industries, coming from the low demand for helium, the location of potential consumers far from production centers, the high cost of helium production, the lack of reliable methods of its transportation, etc. At the same time, full-scale helium demand satisfaction of Russian industries is associated with the construction of the Amur Gas Processing Plant. The demand for helium in the countries of the world is constantly growing, an increase in consumption is observed in traditional industries and in the field of innovative technologies. The US dominance in the production of helium is gradually declining due to the depletion of some deposits. The authors make a conclusion that after 2030 Russia can satisfy domestic consumption of helium to bring the industry to an effective economic and environmental level and, while reducing the cost of production, become a major participant in its world market.

Development in China’s Natural Gas Industry Regulation

2012 ◽  
Vol 524-527 ◽  
pp. 3058-3061
Author(s):  
Lin Jun Huang
Keyword(s):  
Natural Gas ◽  
Clean Energy ◽  
Fundamental Rights ◽  
Regulation System ◽  
Gas Industry ◽  
Industry Development ◽  
Policy And Strategy ◽  
Natural Gas Industry ◽  
Gas Market ◽  
The Cost

With the growing interest in clean energy, and the natural gas market maturity in China, there is a strong need to introduce as soon as possible a regulation system covering the mid- and downstream natural gas business to ensure a harmonized approach to gas industry development. Adopting a consistent regulation system for the mid- and downstream natural gas industry that establishes the fundamental rights, obligations and regulatory principles would provide a clear legal expression of the government’s policy and strategy for gas industry development and the ground rules for the operation of the gas industry. Such a regulation system would, therefore, help create a more stable investment and operating environment, reduce uncertainty and investment risk, and consequently lower the cost of capital.

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