Energy markets and natural gas price formation
- Author: United Nations Conference on Trade and Development
- Main Title: Commodities at a Glance: Special Issue on Shale Gas , pp 1-7
- Publication Date: May 2019
- DOI: https://doi.org/10.18356/14c04d94-en
- Language: English French
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Owing to the specificities related to natural gas transportation (box 2), the natural gas market is fragmented into three main regional markets, namely North America, Europe and Asia and Oceania, with specific price formation mechanisms and different benchmark prices in each region. The reference prices are, respectively: (1) the spot price at Henry Hub (Louisiana, United States) for North America; (2) the average import border price in Europe; and (3) the liquified natural gas (LNG), import price in Japan, mainly used throughout Asia and Oceania.
© United Nations
ISBN (PDF):
9789213632666
Book DOI:
https://doi.org/10.18356/4137b3b9-en
Related Subject(s):
Environment and Climate Change
;
Natural Resources Water and Energy
Sustainable Development Goals:
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