This presentation was given by Professor Jonathan Stern at the Symposium on the European Natural Gas Market, AER/CPB/ECN, The Hague.
Using examples of ongoing multi-billion euro investments in projects which will deliver gas to the UK market, Jonathan Stern and Anouk Honoré show that the risks to such projects posed by market liberalisation are being assumed by market players, and are not preventing large scale, long-term supply reaching the UK.
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