Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    Gas-on-gas competition in Shanghai

    160373_160373.pdf (120.4Kb)
    Access Status
    Open access
    Authors
    Manuhutu, Chassty
    Owen, Anthony
    Date
    2010
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Manuhutu, Chassty and Owen, Anthony D. 2010. Gas-on-gas competition in Shanghai. Energy Policy. 38 (5): pp. 2101-2106.
    Source Title
    Energy Policy
    DOI
    10.1016/j.enpol.2009.06.027
    ISSN
    0301 4215
    School
    School of Economics and Finance
    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, 38, 5, May 2010 DOI dx.doi.org/10.1016/j.enpol.2009.06.027

    URI
    http://hdl.handle.net/20.500.11937/30566
    Collection
    • Curtin Research Publications
    Abstract

    In common with other major economic centres in China, Shanghai's energy consumption has been increasing rapidly to support the high growth rate of its economy. To achieve rational, efficient and clean use of energy, together with improved environmental quality within the city, the Shanghai municipal government has decided to expand the supply and utilization of natural gas. Shanghai plans to increase the share of natural gas in its primary energy mix to 7 per cent by 2010, up from 3 per cent in 2005. This increase in natural gas demand has to be matched with a corresponding increase in supply. To date, the Shanghai region has relied on offshore extracted natural gas but this supply is limited due to the size of the reserves. Since 2005, the West–East pipeline has provided an alternative for Shanghai but demands from other regions could reduce the potential for expanding supplies from that source. Since domestic production will not be sufficient to meet demand in the near future, Shanghai is building a liquefied natural gas (LNG) regasification terminal at the Yangshan deep-water port that would allow an additional supply of more than 3 billion cubic meters per year of natural gas.Malaysia has already committed to supply LNG to the Shanghai terminal at a price that is significantly higher than the wholesale “city-gate” price for natural gas transported via pipeline, but still lower than the gas price to end-use consumers. The presence of both an LNG terminal and a transmission pipeline that connects Shanghai to domestic gas-producing regions will create gas-on-gas competition. This study assesses the benefits of introducing such competition to one of China's most advanced cities under various scenarios for demand growth. In this paper, the impact of imported LNG on market concentration in Shanghai's gas market will be analysed using the Herfindahl–Hirschmann index (HHI) and the residual supply index (RSI). Our results show that Shanghai remains a supply-constrained gas market that will continue to rely upon gas supplies from the western provinces and imported LNG. After 2017, the gas market in Shanghai can be regarded as unconcentrated since its HHI fall below 1800 under a very high growth scenario. In terms of RSI, the gas market can be considered competitive at low, moderate and high growth consumption between 2012 and 2015.

    Related items

    Showing items related by title, author, creator and subject.

    • An examination of the factors critical to the establishment and maintenance of competitive advantage for education services enterprises within international markets.
      Mazzarol, Timothy W. (1997)
      The principal focus of the present study was to examine the factors critical to the development and maintenance of a competitive advantage for education institutions operating in international markets. International ...
    • Ethology and production of freshwater crayfish in aquatic polysystems in Western Australia
      Storer, Timothy (2005)
      Aquatic polyculture has been recognised as a potential way of increasing the costeffectiveness of farming marron (Cherax tenuimanus), as it can lower average costs of production, increase system yields, and reduce economic ...
    • Oil consumption, pollutant emission, oil proce volatility and economic activities in selected Asian Developing Economies
      Rafiq, Shuddhasattwa (2009)
      It is now well established in the literature that oil consumption, oil price shocks, and oil price volatility may impact the economic activities negatively. Studies identifying the relationship between energy and/or oil ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.