Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192620 
Year of Publication: 
2010
Series/Report no.: 
Discussion Papers No. 638
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
Natural gas is increasingly important as a fuel for electric power generation as well as other uses due to its environmental advantage over other fossil fuels. Using the World Gas Model, a large-scale energy equilibrium system based on a complementarity formulation, this paper analyzes possible future gas cartels and their effects on gas markets in a number of regions across the world. In addition, scenarios related to lower transport costs and decreased unconventional gas supply in the United States are considered.
Subjects: 
natural gas
market equilibrium
complementarity model
energy
JEL: 
Q41
D43
Document Type: 
Working Paper

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