Foundations of Natural Gas Price Formation

Foundations of Natural Gas Price Formation

Author: Sergei Komlev

Publisher: Anthem Press

Published: 2020-09-25

Total Pages: 160

ISBN-13: 1785273396

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Natural 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.


Global Energy Fundamentals

Global Energy Fundamentals

Author: Simone Tagliapietra

Publisher: Cambridge University Press

Published: 2020-08-13

Total Pages: 269

ISBN-13: 1108858252

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This book provides a rigorous, concise guide to the current status and future prospects of the global energy system. As we move away from fossil fuels and toward clean energy solutions, the complexity of the global energy system has increased. Tagliapietra cuts through this complexity with a multidisciplinary perspective of the system, which encompasses economics, geopolitics, and basic technology. He goes on to explore the main components of the global energy system - oil, natural gas, coal, nuclear energy, bioenergy, hydropower, geothermal energy, wind energy, solar energy, marine energy - as well as energy consumption and energy efficiency. It then provides an in-depth analysis of the pivotal issues of climate change and of energy access in Africa.


Fundamentals of Natural Gas

Fundamentals of Natural Gas

Author: Vivek Chandra

Publisher: Pennwell Books

Published: 2017

Total Pages: 0

ISBN-13: 9781593703851

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Cleaner and more versatile than other hydrocarbons, natural gas has never had a brighter future. The new edition of Fundamentals of Natural Gas thoroughly explains the massive evolution of natural gas and LNG, from technology advances and vast new reserves. As forecasts of worldwide consumption increase dramatically, this "prince of hydrocarbons" is the natural choice for electric power, heating, and as an industry feedstock. Features of the Second Edition: Growth of unconventional shale gas technology and production Rise of LNG export projects from the United States International adoption of gas-on-gas pricing Impact of LNG mega-projects and the adjusting economics of these ventures


Fundamentals of Natural Gas Processing

Fundamentals of Natural Gas Processing

Author: Arthur J. Kidnay

Publisher: CRC Press

Published: 2006-06-21

Total Pages: 461

ISBN-13: 1420014048

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Fundamentals of Natural Gas Processing explores the natural gas industry from the wellhead to the marketplace. It compiles information from the open literature, meeting proceedings, and experts to accurately depict the state of gas processing technology today and highlight technologies that could become important in the future. This book cov


China’s Gas Development Strategies

China’s Gas Development Strategies

Author: Shell International B.V.

Publisher: Springer

Published: 2017-11-23

Total Pages: 515

ISBN-13: 3319597345

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This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.


Trading Natural Gas

Trading Natural Gas

Author: Fletcher J. Sturm

Publisher: Pennwell Books

Published: 2020-10

Total Pages:

ISBN-13: 9781593705039

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This how to book covers the various mechanics of natural gas trading, including the physical (cash) market for natural gas production, transportation, distribution, and consumption. It has been 23 years since Trading Natural Gas: A Nontechnical Guide was released, and many things have changed: electronic trading, power market deregulation, fracking and the shale revolution, pipelines reversing flow patterns, and LNG exports from the United States. In this second edition, the author addresses these changes, beginning with a deeper dive into the natural gas market fundamentals of supply, demand, storage, and transportation, maintaining a focus on the relationship to market pricing. Following discussion of the mechanics of trading physical natural gas, the heart of the text remains a study of financial derivative products specific to natural gas trading, presented through definitions and trading examples. Many of these products and concepts are still current and have been refreshed and kept intact. New material on the role of natural gas in the power market as it relates to fuel- switching and economic dispatch, as well as a survey of the global LNG market and US exports, is included in this second edition to bring in two of the biggest factors influencing prices in today's market. Additional statistics, tables, graphs and suggested spreadsheet templates have been provided throughout the book to help visualize many of the discussions on data. Features and Benefits Supply / Demand Fundamentals Market overviews (financial and physical) Contracts Derivatives Technical Analysis Risk Controls Audience Field level personnel Management Energy lending and finance professionals Anyone who seeks to understand how, or relies upon, energy markets Students


Gas Trading Manual

Gas Trading Manual

Author: David Long

Publisher: Elsevier

Published: 2001-07-20

Total Pages: 641

ISBN-13: 1855738511

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Since its launch in 2001, Gas Trading Manual (GTM) has established itself as the leading information source on the international gas market. Compiled from the contributions of some of the most senior and widely respected figures in the trade, this edition provides detailed and accurate analysis on all aspects of this complex business from the geography of gas through to the markets, trading instruments, contracts, gas pricing, accounting and taxation. This edition further enhances its reputation as the indispensable practical companion for all those involved in the trading of gas.


Fundamentals of Investing in Oil and Gas

Fundamentals of Investing in Oil and Gas

Author: Chris Termeer

Publisher: Chris Termeer

Published: 2013

Total Pages: 321

ISBN-13: 098904341X

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The intent of this book is to educate the reader about the vast complexities of the oil and gas industry and to motivate involvement in domestic oil and gas development, production and refinement. Explains the industry in non-technical language for an average person.


Innovations in Quantitative Risk Management

Innovations in Quantitative Risk Management

Author: Kathrin Glau

Publisher: Springer

Published: 2015-01-09

Total Pages: 434

ISBN-13: 331909114X

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Quantitative models are omnipresent –but often controversially discussed– in todays risk management practice. New regulations, innovative financial products, and advances in valuation techniques provide a continuous flow of challenging problems for financial engineers and risk managers alike. Designing a sound stochastic model requires finding a careful balance between parsimonious model assumptions, mathematical viability, and interpretability of the output. Moreover, data requirements and the end-user training are to be considered as well. The KPMG Center of Excellence in Risk Management conference Risk Management Reloaded and this proceedings volume contribute to bridging the gap between academia –providing methodological advances– and practice –having a firm understanding of the economic conditions in which a given model is used. Discussed fields of application range from asset management, credit risk, and energy to risk management issues in insurance. Methodologically, dependence modeling, multiple-curve interest rate-models, and model risk are addressed. Finally, regulatory developments and possible limits of mathematical modeling are discussed.


Project Finance for the International Petroleum Industry

Project Finance for the International Petroleum Industry

Author: Robert Clews

Publisher: Academic Press

Published: 2016-04-07

Total Pages: 416

ISBN-13: 0128005297

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This overview of project finance for the oil and gas industry covers financial markets, sources and providers of finance, financial structures, and capital raising processes. About US$300 billion of project finance debt is raised annually across several capital intensive sectors—including oil and gas, energy, infrastructure, and mining—and the oil and gas industry represents around 30% of the global project finance market. With over 25 year's project finance experience in international banking and industry, author Robert Clews explores project finance techniques and their effectiveness in the petroleum industry. He highlights the petroleum industry players, risks, economics, and commercial/legal arrangements. With petroleum industry projects representing amongst the largest industrial activities in the world, this book ties together concepts and tools through real examples and aims to ensure that project finance will continue to play a central role in bringing together investors and lenders to finance these ventures. - Combines the theory and practice of raising long-term funding for capital intensive projects with insights about the appeal of project finance to the international oil and gas industry - Includes case studies and examples covering projects in the Arctic, East Africa, Latin America, North America, and Australia - Emphasizes the full downstream value chain of the industry instead of limiting itself to upstream and pipeline project financing - Highlights petroleum industry players, risks, economics, and commercial and legal arrangements