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    The Asia Pacific natural gas market: Large enough for all?

    194744_194744.pdf (618.0Kb)
    Access Status
    Open access
    Authors
    Aguilera, R.
    Inchauspe, Julian
    Ripple, Ronald
    Date
    2014
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Aguilera, Roberto F. and Inchauspe, Julian and Ripple, Ronald D. 2014. The Asia Pacific natural gas market: Large enough for all? Energy Policy. 65: pp. 1-6.
    Source Title
    Energy Policy
    DOI
    10.1016/j.enpol.2013.10.014
    ISSN
    0301 4215
    Remarks

    NOTICE: this is the author’s version of a work that was accepted for publication in Energy Policy. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Energy Policy, Vol. 65 (2014). DOI: 10.1016/j.enpol.2013.10.014

    URI
    http://hdl.handle.net/20.500.11937/23821
    Collection
    • Curtin Research Publications
    Abstract

    Among natural gas producing nations, there has been some concern about how the Asia Pacific will meet future demand for energy. We argue that natural gas, both regional and global, will play a vital role. Estimates of potential gas consumption in the region are analyzed and used to develop consensus projections to 2030. These consumption profiles are compared with gas supply estimates including indigenous, pipeline and LNG for the Asia Pacific market. From this analytical framework, we find that demand will be sufficiently large to accommodate supplies from diverse sources including North America, the Middle East, Central Asia, Russia, and the Asia Pacific itself. An important policy implication is that gas producing and consuming nations should benefit from promoting gas trade and not be concerned about a situation of potential lack of demand coupled with oversupply.

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