全球智库信息集成服务系统(G2TT): The Transition to Hub-Based Gas Pricing in Continental Europe

G2TT

来源类型	Papers
规范类型	报告
	The Transition to Hub-Based Gas Pricing in Continental Europe
	Jonathan Stern; Howard Rogers
发表日期	2011-03-31
出版年	2011
页码	16
语种	英语
概述	This paper by Jonathan Stern and Howard Rogers argue that Continental European gas markets are moving inexorably from oil-linked to hub-based pricing. Market prices for gas increasingly reflect a complex combination of national regional and global supply and demand for gas rather than oil products. An increasingly competitive European gas market created by third party […]
摘要	This paper by Jonathan Stern and Howard Rogers argue that Continental European gas markets are moving inexorably from oil-linked to hub-based pricing. Market prices for gas increasingly reflect a complex combination of national regional and global supply and demand for gas rather than oil products. An increasingly competitive European gas market created by third party access enforced by a combination of EU and national regulations means that any supplier refusing to supply gas at hub prices will lose customers. The commercial risk for utilities which are importing gas at oil-linked prices under long term contracts but forced to sell at market prices has become untenable. The European gas industry is in the early stages of a commercial paradigm shift away from oil-linked and towards hub-based pricing. This is likely to be accompanied by major changes in contractual arrangements including termination of many existing long term contracts probably involving significant litigation.
主题	Energy Economics ; Energy Policy ; Finance ; Gas ; Gas Programme ; Oil
关键词	Europe Flexibility gas hubs Gas Prices Gazprom GECF Howard Rogers Jonathan Stern NG 49 NG49 Oil Prices Storage utility companies
URL	https://www.oxfordenergy.org/publications/the-transition-to-hub-based-gas-pricing-in-continental-europe-2/
来源智库	Oxford Institute for Energy Studies (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/312167
推荐引用方式 GB/T 7714	Jonathan Stern,Howard Rogers. The Transition to Hub-Based Gas Pricing in Continental Europe. 2011.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
NG49.pdf（1050KB）	智库出版物		限制开放	CC BY-NC-SA	浏览