Developing a natural gas trading hub in Asia
Developing a natural gas trading hub in Asia
- jun. 2013
- 2 p. ; 20-22
Natural gas has the potential to improve energy security and economic and environmental performance in the Asia-Pacific economies. However, expanding its role will depend on regional market conditions that allow gas to compete autonomously in energy markets which are themselves connected to the global energy market. A new report from the International Energy Agency (IEA) focuses on the obstacles and opportunities for the Asia-Pacific economies to establish natural gas trading hubs that will allow gas prices to reflect local demand and supply.
797
Natural gas has the potential to improve energy security and economic and environmental performance in the Asia-Pacific economies. However, expanding its role will depend on regional market conditions that allow gas to compete autonomously in energy markets which are themselves connected to the global energy market. A new report from the International Energy Agency (IEA) focuses on the obstacles and opportunities for the Asia-Pacific economies to establish natural gas trading hubs that will allow gas prices to reflect local demand and supply.
797
