Working Papers
The Drivers of Oil Prices: The Usefulness and Limitations of Non-Structural model, the Demand–Supply Framework and Informal Approaches
Published: 1st March 2007| By: Bassam Fattouh
The behaviour of oil prices has received special attention in the current environment of rapid rises and marked increase in oil price volatility. It is widely believed that high oil prices can slow economic growth, cause inflationary pressures and create global imbalances. Volatile oil prices can also increase uncertainty and discourage muchneeded investment in the [...]
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United States Natural Gas Prices to 2015
Published: 1st February 2007| By: Michelle Michot Foss
For 2005, total United States natural gas consumption as reported by the US Energy Information Administration (USEIA)2 was just below 22 Tcf3, which was about 1 Tcf less than the historic high of 23 Tcf reached in 2000. At roughly 19 Tcf, the total figure for marketed production reported by USEIA was lower than the [...]
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Major Challenges to the Liberalization of the Turkish Natural Gas Market
Published: 1st November 2006| By: Yesim Akcollu
The Turkish gas market is one of the most rapidly growing – and is therefore becoming one of the most important – markets in Europe. However, during the 2000s it experienced setbacks in terms of anticipated demand growth and the anticipated development of liberalisation and competition. Plans for rapid liberalisation and reducing the market share [...]
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Oil in Egypt, Oman, and Syria: Some Macroeconomic Implications
Published: 1st October 2006| By: Randa Alami
Like many other industries in developing countries, oil and gas (O&G) have regularly used a mixture of domestic and external finance. The financial challenges faced by the sector have rarely been about closing financing gaps because of two inherent characteristics. Firstly, O&G have been an enabling factor for developing countries wishing to access international capital [...]
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The New Security Environment for European Gas: Worsening Geopolitics and Increasing Global Competition for LNG
Published: 1st October 2006| By: Jonathan Stern
In 2006, security of European gas supply became a very topical subject following the cuts in Russian supplies to Ukraine in the first days of the year which had the consequence of restricting the availability of supplies to some European countries. Much of the subsequent discourse has been concerned with ‘the arithmetic of gas security’ [...]
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The Gas Exporting Countries Forum: Is it really a Gas OPEC in the Making?
Published: 1st June 2006| By: Hadi Hallouche
Natural gas production in the markets of organisation for economic cooperation and development (OECD) countries such as North America and Europe is beginning to decline, while demand for gas is boosted by new investments in gas-fired power generation, and by increased environmental awareness. The need to import gas, and henceforth to trade it internationally, has [...]
Download the Publication 1.29MBCategories / Electricity & Nuclear, Energy Economics, Energy Policy, Energy Security, Gas, Gas Programme, Working Papers
World Energy Trends: Recent Developments and their Implications for Arab Countries
Published: 1st May 2006| By: Robert Skinner
Arab countries have 56% and 30% of the world’s conventional oil and gas reserves respectively. In 2003 they accounted for over 30% of world oil and NGL production, 11% of gas production, 16% of gas exports and 37% of LNG trade. This hydrocarbon endowment and rapidly expanding role in oil and gas trade conveys onto [...]
Download the Publication 1.24MBCategories / Country and Regional Studies, Gas, Oil, Oil & Middle East Programme, Working Papers
Egypt’s Domestic Natural Gas Industry
Published: 1st April 2006| By: Randa Alami
In just over a decade, Egypt has become one of the largest domestic markets in Africa and amongst developing countries. Over the last 15-20 years, gas production and consumption have been moving upwards in tandem. Both stood at 6.8 billion cubic metres (bcm) in 1990, and both quadrupled respectively to 26.8 bcm and 25.7 bcm [...]
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IATAL – an outline proposal for an International Air Travel Adaption Levy
Published: 2nd March 2006| By: Benito Müller, Cameron Hepburn
Download the Publication 738.25KBCategories / Energy and the Environment, Energy Economics, Energy Policy, Finance, Publications, Working Papers
Montreal 2005: What Happened and What it Means
Published: 2nd March 2006| By: Benito Müller
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