scholarly journals Changing Contract Structures in the International Liquefied Natural Gas Market – A First Empirical Analysis

2009 ◽  
Author(s):  
Sophia Ruester
Keyword(s):  
Natural Gas ◽  
Empirical Analysis ◽  
Liquefied Natural Gas ◽  
Natural Gas Market ◽  
Gas Market

Central-Eastern Europe will compete for new LNG market

2018 ◽  
Keyword(s):  
Natural Gas ◽  
Eastern Europe ◽  
Liquefied Natural Gas ◽  
Content Type ◽  
Natural Gas Market ◽  
Eu Member States ◽  
Central Eastern Europe ◽  
The North ◽  
Central Eastern ◽  
Gas Market

Subject LNG in Greece, Croatia and Poland. Significance Liquefied natural gas (LNG) terminals and interconnectors are part of the north-south natural gas corridor advocated by EU member states in Central-Eastern Europe (CEE) as a means to reduce dependence on Russia. Impacts The LNG project in Greece could slow down Croatia's plans to build an LNG terminal off the island of Krk. Access to cheap US gas via LNG is transforming the natural gas market worldwide. Cheaper gas may facilitate the transition from coal and increase the share of renewables across the region.

FEATURES OF CURRENT ECONOMIC ENVIRONMENT OF GLOBAL LIQUEFIED NATURAL GAS MARKET

2020 ◽  
Vol 5 (12) ◽  
pp. 153-163
Author(s):  
A. A. SHCHEGOLKOVA ◽  
◽  
◽  
Keyword(s):  
Natural Gas ◽  
Large Scale ◽  
Driving Forces ◽  
Liquefied Natural Gas ◽  
Economic Environment ◽  
The Arctic ◽  
Resource Base ◽  
Natural Gas Market ◽  
Gas Market ◽  
The Impact

The subject of this article is the economic environment of the global liquefied natural gas (LNG) market. The article assesses the development trends in the global liquefied natural gas market, identifies the key driving forces of the global LNG market, analyzes the existing contractual models in the global LNG market. The study uses a general scientific methodology that provides for a systematic, comprehensive approach to assessing the current economic situation in the global LNG market. A significant array of statistical data and factual material on the global LNG market was analyzed, the results of the research were obtained using statistical methods of economic analysis. As a result, the author conducted an analysis of the trends in the global LNG market, which made it possible to identify the key driving forces behind changes in market dynamics. The dynamics and structure of the global LNG market for the period 2015–2019 have been investigated. An assessment of Russia's position in the global LNG market is given. The impact of the "coronacrisis" on the global LNG market has been studied. The development and prospects of large-scale gas projects of the main LNG exporting countries are shown, the influence of the price environment on the implementation of LNG projects is investigated. It is revealed that geopolitical factors have become decisive in the formation of the world energy policy. The possible impact of the legislative expansion of the resource base of the Arctic territories on the growth of production and export of Russian LNG has been determined. It is concluded that the strategic goal of Russia's energy geopolitics is to modernize the existing export model of LNG for the long term. Modernization of the existing energy export strategy will strengthen the country's competitive position in the global LNG market, thereby becoming the basis for Russia's regional presence in the Arctic, where the main increase in LNG capacity is expected.

Global liquefied natural gas market review

2020 ◽  
Vol 45 (5) ◽  
pp. 7-9
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Natural Gas Market ◽  
Market Review ◽  
Gas Market

The changing face of disputes in the liquefied natural gas market

2015 ◽  
Vol 33 (3) ◽  
pp. 271-287 ◽  
Author(s):  
Carol Mulcahy
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Natural Gas Market ◽  
Gas Market

New conditions of competition in the European gas market

2020 ◽  
Vol 22 (5) ◽  
pp. 84-92
Author(s):  
PETER ILIEV PETROV ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
The European Union ◽  
Practical Application ◽  
Gas Industry ◽  
Natural Gas Market ◽  
Gas Market ◽  
The Impact ◽  
Different Parts

This article aims to discuss the process of liberalization of the natural gas market in the European Union (EU). The purpose of this research is to show the fundamental characteristics of the gas industry, the process of reconstruction of the European gas market, taking into account the ongoing changes in the context of geopolitical, ecological, and technological determinants of the international and European energy and gas sector. The article describes the structure of the modern European natural gas market, compares the competitiveness of gas transportation methods through trunk pipelines and gas tankers transporting liquefied natural gas. The article examines the impact of the increase in the supply of liquefied natural gas on the situation with the turnover of gas trade in the European market, in particular, how it affects the delivery of hydrocarbons and the growth in the scale of exchange trading. The article examines the Groningen model, which influences the development of gas exchange trading and natural gas trading through long-term contracts. The evolution of the European policy in the field of natural gas, the established strictly regulated version of the “well-functioning” gas market, remains as one too political and unstable experiment. The importance of natural gas changes all the time, depending on economics, the security of deliveries, and sustainability. Furthermore, the focus on that importance and its practical application vary in different parts of Europe. The conclusion is made that a “well-functioning” gas market is characterized by the presence of a large number of suppliers, and competition leads to a noticeable decrease in prices for natural gas. However, in the current situation, the demand for gas turns out to be unstable, and difficult conditions for pipeline supplies are emerging for traditional suppliers. In the long term, the “well- functioning” gas market scheme will remain highly politicized and unstable, with increased competition in supply and a downward trend in gas prices. Thus, the European gas market is transforming towards the formation of a “buyer’s market”.

scholarly journals Challenges of LNG (Liquefied Natural Gas) Carriers in 21' Century

1970 ◽  
Vol 21 (1) ◽  
pp. 49-60
Author(s):  
Marina Zanne ◽  
Mirjana Grčić
Keyword(s):  
Natural Gas ◽  
20Th Century ◽  
Fossil Fuel ◽  
Liquefied Natural Gas ◽  
Natural Gas Market ◽  
The Future ◽  
Gas Market

Natural gas is relatively cheap, environmentally friendlyand energetically efficient fossil fuel that is gaining in attractivenessdaily as it can be used in many sectors. As not all consumerscan be reached by pipelines the technique of transp01tingnatural gas in the liquefied form has been developed at the beginningof 20th century but it was only in 1959 that the firstoverseas transport of liquefied natural gas ( LN G) occurred. Inthe fifty years of operation LNG shipping has shown immaculatesafety records. LNG tankers can be described only in superlatives;they are without any doubt the most sophisticated and·expensive ships that sail around the globe, they demand specialattention when navigating to or out of harbours and need to bemanned with the most educated and experienced crew. LNGmarket is expanding and changing; demand is surpassing theproductivity, new importing and exporting countries appear,LNG fleet is growing in capacity and number at high pace, exploitationcontracts for the ships are being modified giving theopportunity for new companies to enter( . .. ). The paper givesan overview on liquefied natural gas market and the historic developmentof LNG shipping. It focuses on the recent boom inLNG shipping and emphasises questions concerning the safety,crewing and exploitation of the LNG tankers in the future.

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