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Global Natural Gas Issues and Challenges: A Commentary

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  • Michelle Michot Foss
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    Abstract

    Interest in the potential for natural gas to emulate oil as a ÒglobalÓ commodity has grown. While international trade in natural gas in liquefied form has occurred for roughly 40 years, natural gas transactions largely take place in local and regional geographies. Growing demand among large consuming nations relative to global distribution of natural gas resources makes for a compelling story with respect to international, transoceanic trade outlooks. However, natural gas and the natural gas Òvalue chainÓ are imbued with unique characteristics that require careful consideration by developers, researchers, regulators and policy makers. This article provides an overview and suggests key questions and issues for further research.

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    Bibliographic Info

    Article provided by International Association for Energy Economics in its journal The Energy Journal.

    Volume (Year): Volume 26 (2005)
    Issue (Month): Number 2 ()
    Pages: 111-128

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    Handle: RePEc:aen:journl:2005v26-02-a06

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    Cited by:
    1. Ulrich Oberndorfer & Dirk Ulbricht & Janina Ketterer, 2007. "Lost in Transmission? Stock Market Impacts of the 2006 European Gas Crisis," Ifo Working Paper Series Ifo Working Paper No. 41, Ifo Institute for Economic Research at the University of Munich.
    2. Vivian Mac Knight & Carlos Eduardo Frickmann Young, 2006. "Custo Da Poluição Gerada Pelos Ônibus Urbanos Na Rmsp," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 69, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
    3. Tonn, Victor Lux & Li, H.C. & McCarthy, Joseph, 2010. "Wavelet domain correlation between the futures prices of natural gas and oil," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(4), pages 408-414, November.
    4. Fernandes, E. & de Oliveira, J.C.S. & de Oliveira, P.R. & Alonso, P.S.R., 2008. "Natural-gas-powered thermoelectricity as a reliability factor in the Brazilian electric sector," Energy Policy, Elsevier, vol. 36(3), pages 999-1018, March.

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