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Publications
Publications (28)
The role of gases in the energy transition is a different, and much more immediate, issue in the EU, compared with other global regions. Net zero targets for 2050 mean that in order to retain the gas market and the extensive network infrastructure which has been developed, zero carbon gases will need to be developed, and natural gas (methane) will...
Natural monopoly and cyclical booms and busts are common features of the oil & gas histories. But oil has been a liberalised global market based on regional and global benchmark prices for several decades, while natural gas market liberalisation and a move to spot and hub-based prices is a more recent phenomenon in Europe, and remains at a relative...
This chapter illustrates the progressive transition in European gas price formation from dominance of oil-related pricing to a situation in 2015 where nearly two-thirds of gas in European wholesale markets was sold at hub prices. It argues that the main gas hubs in Europe are already well integrated, and in general correlation is high and continues...
Purpose
– The purpose of this paper is to investigate the continuing justification for linking the prices of European gas to those oil products.
Design/methodology/approach
– The paper uses an analytic‐deductive approach supported by relevant analysis of data over a period of two decades.
Findings
– Statistical analysis of the end‐uses of gas and...
Energy security is, once again, a fashionable topic of conversation in Europe particularly in relation to natural gas, but most of the commentary is relatively general, failing to identify any specific problems. The Russian–Ukrainian gas crisis of January 2006 focussed attention on a specific natural gas security problem: the impact of a bilateral...
The prospect of the UK moving from net exporter to substantial net importer of natural gas over the next decade has caused significant public comment about the potential negative security consequences of this development. In reality, the most important threats to gas security will be a decreasing ability to meet peak demand, and the possibility of...
The prospect of the UK moving from net exporter to substantial net importer of natural gas over the next decade has caused significant public comment about the potential negative security consequences of this development. In reality, the most important threats to gas security will be a decreasing ability to meet peak demand, and the possibility of...
This article looks at the different options for Central North Sea gas-gathering schemes. To understand how the parties have arrived at their present positions, one has to go back to the collapse of the BGC/Mobil system in 1980. The reason why the system was eventually abandoned are complex, and different actors laid the stress and/or the blame on a...
The decision by the UK government to reject the import of Norwegian gas from the Sleipner field, has determined the sources of UK gas supplies up to the early 1990s. Incredibly, the single most important British energy policy decision of the mid-1980s (and perhaps of the entire decade), failed to arouse any significant public interest. Moreover, th...
This book reports on energy self-sufficiency for the United Kingdom. Its central concern is the question, to what degree can Britain's offshore reserves of gas be developed to meet demand.
