Global Natural Gas Issues and Challenges: A Commentary

Michelle Michot Foss

The Energy Journal, 2005, vol. Volume 26, issue Number 2, 111-128

Abstract: Interest in the potential for natural gas to emulate oil as a ÒglobalÓ commodity has grown. While international trade in natural gas in liquefied form has occurred for roughly 40 years, natural gas transactions largely take place in local and regional geographies. Growing demand among large consuming nations relative to global distribution of natural gas resources makes for a compelling story with respect to international, transoceanic trade outlooks. However, natural gas and the natural gas Òvalue chainÓ are imbued with unique characteristics that require careful consideration by developers, researchers, regulators and policy makers. This article provides an overview and suggests key questions and issues for further research.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 2005
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