000 02596nam a2200349 i 4500
001 CR9781785273391
003 UkCbUP
005 20240909184256.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 200929s2020||||enk o ||1 0|eng|d
020 _a9781785273391 (ebook)
020 _z9781785273384 (hardback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 4 _aHD9581.A2
_bK66 2020
082 0 4 _a338.27285
_223
100 1 _aKomlev, Sergei,
_eauthor.
245 1 0 _aFoundations of natural gas price formation :
_bmisunderstandings jeopardizing the future of the industry /
_cSergei Komlev ; consulting editor Daniel M. Satinsky.
264 1 _aLondon :
_bAnthem Press,
_c2020.
300 _a1 online resource (xii, 143 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 29 Oct 2020).
520 _aNatural gas pricing should be as critically important to the general public as it is to industry specialists. Pricing is the basis of balancing the interests of European and Asian consumers of power and electricity with those of the limited number of potential suppliers of natural gas. Given that natural gas is a foundational transition fuel source that will not be supplanted by renewals for many, many years, the consequences of market failure from incorrect pricing mechanisms could result in the industry missing the new investment cycle. In addressing the critical balancing role of natural gas pricing, 'Foundations of Natural Gas Price Formation' presents an in-depth analysis of the fundamentals of natural gas price formation and outlines the distinctive characteristics of natural gas that make it a unique commodity by examining the specific factors underpinning gas pricing that result in a hybrid pricing system special to natural gas. The book argues that the patrons of spot pricing through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near future. 'Foundations of Natural Gas Price Formation' defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.
650 0 _aNatural gas
_xPrices.
650 0 _aGas industry.
700 1 _aSatinsky, Daniel M.,
_eeditor.
776 0 8 _iPrint version:
_z9781785273384
856 4 0 _uhttps://www.cambridge.org/core/product/identifier/9781785273391/type/BOOK
942 _2ddc
_cEB
999 _c10214
_d10214