A detailed analysis by Jonathan Stern and Katja Yafimava of Gazprom’s March 2017 competition commitments in respect of gas sales to Central and Eastern Europe, concludes that the concerns expressed by DG COMP in respect of territorial restrictions, pricing, and infrastructure issues have been addressed, both in form and in substance. Acceptance of these commitments […]
India is once again in the spotlight as a potential future growth market for gas, as demand elsewhere in the OECD and non-OECD recedes or grows increasingly uncertain. Yet, the view on gas from within India has been in constant flux over the last decade, with no realistic vision on its role in the energy […]
On 13 March 2017 DG COMP announced its satisfaction with Gazprom’s commitments, submitted in response to DG COMP’s concerns in respect of Gazprom’s alleged anti-competitive practices in several central and east European EU member states, relating to territorial restrictions, pricing, and infrastructure. Gazprom’s commitments have addressed all substantiated DG COMP concerns and their acceptance would […]
China’s oil sector has been dominated by three large state-owned oil companies in charge of developing the country’s domestic reserves, building and operating pipelines, managing China’s increasingly sophisticated downstream, and filling its strategic petroleum reserves (SPR). Over the years, as China’s demand has outstripped production, they have also become major investors in the global upstream […]
In this paper Michelle Foss concludes that Henry Hub gas prices could credibly be as low as $3/MMbtu, or as high as $10/MMbtu in 2020 but that the balance of likelihoods is for a price late this decade which is significantly higher than the current $3-4/MMbtu levels of 2011. Michelle Foss’ study looks at the […]
A paper published in April 2007 questioned the continued rationale of the linkage of Continental European long term contract gas prices to oil product prices.1 It concluded that the logic of linking gas prices to those of (mainly) oil products had largely disappeared in the major European gas markets. In the following two years, energy […]
The proposal for a crude oil price band seems to be gathering support. This comment discusses some of the limitations of an oil price band then it proposes a new framework for understanding the recent dynamics of oil price movements based on feedbacks. Rather than aiming at stabilising spot prices within a band the comment […]
New OIES study assesses effectiveness of OPEC’s Declaration of Cooperation with non-OPEC producers: DOC accelerated… https://t.co/mLWRpKlPey
September 22nd
OIES's @thierry_bros interviewed by @yannicrab on the consequences of Brexit on gas interconnectors - https://t.co/MNMHVklNXV
September 21st
5+1 Key Facts about the OPEC Declaration of Cooperation https://t.co/aEffVT7iHp
September 21st
