ASSESSING THE POTENTIAL OF KEY EXPORTERS IN THE GLOBAL LIQUEFIED NATURAL GAS MARKET

2020 ◽  
Vol 1 (3) ◽  
pp. 39-48
Author(s):  
A. A. SHCHEGOL’KOVA ◽  
Keyword(s):  
Natural Gas ◽  
Economic Analysis ◽  
Large Scale ◽  
Global Market ◽  
Liquefied Natural Gas ◽  
Transport Infrastructure ◽  
Graphical Methods ◽  
Analysis Calculation ◽  
Key Drivers ◽  
Gas Market

The article provides an analysis of the global market for liquefied natural gas (LNG), which revealed the key drivers of changing market dynamics. The development and prospects of large-scale gas projects of the main LNG exporting countries are shown. The potential of key LNG exporters, prospects for the development of the global LNG market has been assessed. Research and analysis of trends in the global LNG market were carried out using statistical methods of economic analysis: calculation of averages, indices; creation of ranks of dynamics; Summaries, groupings of economic indicators; Graphical methods of research were also used. The article assesses the prospects of Russian producers in the global LNG market from the perspective of diversification and modernization of gas transport infrastructure.

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.

Large-scale liquefied natural gas ships

2020 ◽  
Vol 7 (3) ◽  
pp. 461-465
Author(s):  
Danping Lou ◽  
Yan Li
Keyword(s):  
Natural Gas ◽  
Large Scale ◽  
Liquefied Natural Gas

Market Power Politics

2021 ◽  
Author(s):  
Stephen E. Gent ◽  
Mark J.C. Crescenzi
Keyword(s):  
Natural Gas ◽  
Market Power ◽  
Global Market ◽  
Export Market ◽  
Power Politics ◽  
Territorial Aggression ◽  
Oil Export ◽  
Potential Benefits ◽  
Gas Market ◽  
Political Leverage

This book explores how market power competition between states can create disruptions in the global political economy and potentially lead to territorial aggression and war. When a state’s firms have the ability to set prices in a key commodity market like oil or natural gas, state leaders can benefit from increased revenue, stability, and political leverage. Given these potential benefits, states may be motivated to expand their territorial reach in order to gain or maintain such market power. This market power motivation can sometimes lead to war. However, when states are economically interdependent, they may be constrained from using force to achieve their market power goals. This can open up an opportunity for institutional settlements. However, in some cases, institutional rules and procedures can preclude states from reaching a settlement in line with their market power ambitions. When this happens, states may opt for strategic delay and try to gradually accumulate market power over time through salami tactics. To explore how these dynamics play out empirically, the authors examine three cases of market power competition in hard commodity markets: Iraq’s invasion and occupation of Kuwait to seize market power in the oil export market, Russia’s territorial encroachment into Georgia and Ukraine to preserve and expand its market power in the natural gas market, and China’s ongoing use of strategic delay and gray zone tactics in the South and East China Seas to maintain its dominant position in the global market for rare earth elements.

A large-scale linear complementarity model of the North American natural gas market

2005 ◽  
Vol 27 (4) ◽  
pp. 639-665 ◽  
Author(s):  
Steven A. Gabriel ◽  
Jifang Zhuang ◽  
Supat Kiet
Keyword(s):  
Natural Gas ◽  
North American ◽  
Large Scale ◽  
Linear Complementarity ◽  
Natural Gas Market ◽  
The North ◽  
Gas Market

Boil-Off Gas Formation inside Large Scale Liquefied Natural Gas (LNG) Tank Based on Specific Parameters

2012 ◽  
Vol 229-231 ◽  
pp. 690-694 ◽  
Author(s):  
Mohamad Shukri Zakaria ◽  
Kahar Osman ◽  
Md. Nor Musa
Keyword(s):  
Natural Gas ◽  
Large Scale ◽  
Seawater Temperature ◽  
Three Dimensional ◽  
Ambient Air ◽  
Calculation Model ◽  
Liquefied Natural Gas ◽  
Three Dimensional Model ◽  
Ambient Seawater ◽  
Lng Tank

Liquefied Natural Gas (LNG) fleets are coasting with various condition and behavior. These variable leads to different type of LNG fleets build every year with unavoidable generated Boil-off Gas (BOG). Estimation of BOG generated inside LNG tank play significant role in determines the ship specification and management method of BOG including venting, propulsion or requalification. Hence, in the present study, the right choices of boundary condition and parameter have been implementing in order to have good estimation amount of BOG evaporates for specific LNG tank. Three dimensional model of cargo with capacity 160000 m3 LNG carrier are simulate using ANSYS Fluent with specific ambient air temperature of 5oC and ambient seawater temperature of 0oC have been chosen as a calculation case, gain the total heat transfer rate and Boil-off Rate (BOR). The result shows that the calculation model and simulation are feasible with typical LNG fleet specification and International Marine Organization (IMO) standard.

scholarly journals A Strategic Model Of European Gas Supply

2011 ◽  
Vol 7 (5) ◽  
Author(s):  
Vitaly Kalashnikov ◽  
Nataliya Kalashnykova
Keyword(s):  
Natural Gas ◽  
Structural Changes ◽  
Value Added ◽  
Transport Infrastructure ◽  
Perfect Competition ◽  
Strategic Behaviour ◽  
Second Stage ◽  
Strategic Model ◽  
Gas Market ◽  
Gas Supply

Structural changes in the European natural gas market such as liberalization, increasing domestic demand, and increasing import dependency have triggered new attempts to model these markets accurately. In this paper, we propose an exhaustive model of the European natural gas supply including the possibility of strategic behaviour of the agents along the value-added chain. We structure it as a two-stage-game with natural gas exports to Europe (first stage) and wholesale trade within Europe (second stage). The case of non-cooperative Cournot competition at both stages proves to be the most realistic scenario. The results of the perfect competition and cartel scenario are also presented. Our results suggest that the main suppliers of natural gas to Europe (Russia, Algeria, the Netherlands, Norway) remain dominant, but that they are complemented by overseas supplies of liquefied natural gas (LNG). The model also enables us to identify transport infrastructure bottlenecks where transport capacity constraints are binding.

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