Impact of globalization of the natural gas market on natural gas prices in power generation and energy development
Tom Hammons, R. Barry Johnson, B.K. Blyden
Abstract
Tom Hammons, R. Barry Johnson, B.K. Blyden
Abstract
The development of liquefied natural gas (LNG) infrastructure that allows natural gas to be exported from gas producing regions to gas consuming regions is transforming previously regional gas markets into a global market. The panel will address the impacts of this globalization on the power generation industry that has been increasingly turning to natural gas fueled plants. Panelists from major gas producing and gas consuming regions will discuss topics such as supply, demand, infrastructure, price impacts and the possible responses of the power industry.
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The development of liquefied natural gas (LNG) infrastructure that allows natural gas to be exported from gas producing regions to gas consuming regions is transforming previously regional gas markets into a global market. The panel will address the impacts of this globalization on the power generation industry that has been increasingly turning to natural gas fueled plants. Panelists from major gas producing and gas consuming regions will discuss topics such as supply, demand, infrastructure, price impacts and the possible responses of the power industry.
Key concepts: Natural gas, Liquefied natural gas, Renewable natural gas, Globalization, Natural gas industry, Power to gas, Natural gas prices, Natural resource economics