Reforming the Domestic Market of Natural Gas in Egypt: Lessons from Selected Countries Experiences

2007 ◽  
Author(s):  
Abdel-Hameed Nawar
Keyword(s):  
Natural Gas ◽  
Domestic Market

The Commercial Potentials of Underground Natural Gas Storage in Nigeria

2021 ◽  
Author(s):  
Adedamola Adegun ◽  
Femi Rufai
Keyword(s):  
Natural Gas ◽  
Power Plants ◽  
Thermal Power ◽  
Gas Storage ◽  
Industrial Clusters ◽  
Domestic Market ◽  
Underground Gas Storage ◽  
Natural Gas Storage ◽  
Hydro Power ◽  
Energy Mix

Abstract Nigeria is the 2nd biggest natural gas producer in Africa, with much of it exported as LNG, some re-injected while a small fraction serves the domestic market. The volume supplied to the domestic market plays an outsized role in the energy mix and economy of Nigeria with over 90% supplied to thermal power plants and industrial clusters. As huge upstream gas projects continue to take Final Investment Decision, pipeline takeaway capacity grows and demand increases, the dependence on natural gas and preponderance in the energy mix will likely persist. Natural gas is the present and future of Nigeria's energy needs. The domestic gas industry is evolving but has been fraught with challenges. Oil and gas infrastructure are often disrupted and production shut-in, mostly triggered by infrastructure unavailablity, environmental concerns and prioritisation of hydro power generation during River Niger's white and black floods, all of which come at a cost to upstream producers. Gas producers are often compelled to curtail production of gas plants (associated and non-associated) to avoid environmental disasters and prohibitive gas flare penalties. Can underground gas storage (UGS) be an opportunity for gas producers to guarantee continued operations during disruptions and provide buffer for national strategic benefits? This paper seeks to explore the potential technical and economic dynamics of underground natural gas storage in Nigeria in the context of extant technical regulations, seasonal demand variations, gas flare penalties and local operating environment. The paper presents types of underground storages and recommends the most suitable, considers options for optimal location of UGS in Nigeria and undertakes an economic evaluation of a UGS project. The findings are further presented alongside the critical technical, regulatory and fiscal factors that may facilitate future investments and growth of underground gas storage in Nigeria.

Israel set to accelerate offshore gas development

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Domestic Market ◽  
East Mediterranean ◽  
Content Type

Subject Israel's East Mediterranean gas. Significance Israel's natural gas sector had been at a standstill since December 2014 when the anti-trust commissioner (ATC) ordered the dismantling of the natural gas monopoly over concerns that the framework was anti-competitive. When fully developed, the fields will make Israel self-sufficient in gas for decades, and enable gas exports to neighbouring countries and perhaps Europe. Impacts Resolving the impasse is a major political achievement for Netanyahu and his government. Egypt's recent offshore gas discovery will dent potential for Israeli gas exports to Egypt. Egypt will not import Israeli gas for its own domestic market, yet the option of liquefying Israeli gas at Egyptian plants is still alive. Israel's long-term fiscal position will improve dramatically.

A generational west coast gas shakeup looms

2021 ◽  
Vol 61 (2) ◽  
pp. 405
Author(s):  
Saul Kavonic
Keyword(s):  
Natural Gas ◽  
Government Policy ◽  
West Coast ◽  
Status Quo ◽  
Domestic Market ◽  
Liquefied Natural Gas ◽  
The Status ◽  
Gas Market ◽  
Western Australian ◽  
Policy Targets

From record high prices, a decade ago, to record low prices more recently, Australia’s west coast gas market is heading towards a structural shakeup that will challenge the status quo for producers, buyers and policymakers. The Western Australian (WA) gas market has been soft recently but is poorly understood, and prices may materially tighten this decade in wake of uncertain new supply timing, liquefied natural gas (LNG) producer recalcitrance towards domestic market, lack of new discoveries (outside Perth Basin), upward pressure on US gas pricing and government policy flexibility towards the emergence of LNG ullage. We believe a bifurcated WA gas market could emerge, whereby policy targets cheap gas to underpin new manufacturing, while existing gas buyers are left to compete against much higher LNG netback parity pricing.

Theory and Practice for Natural Gas Pricing in Russia

2015 ◽  
pp. 80-102 ◽  
Author(s):  
D. Gordeev ◽  
G. Idrisov ◽  
E. Karpel
Keyword(s):  
Natural Gas ◽  
Domestic Market ◽  
Theory And Practice ◽  
Domestic Price ◽  
Potential Influence ◽  
Medium Term ◽  
Foreign Markets ◽  
Gas Markets

In this paper the authors analyze needs of changes of pricing mechanisms for natural gas for domestic and foreign markets. They conclude that in medium term these changes are inevitable due to the Russian practice obsolescence in the quickly transforming gas markets. Inefficient natural gas use due to distorted price incentives, lack of competition in the domestic market, as well as linking the domestic price to the price of European oil product baskets are significant deterrents to the development of the natural gas sector. Different scenarios for the Russian gas sector and potential influence on macroeconomics are described.

Liquefied natural gas as a priority direction for the development of the Russian fuel and energy complex

2021 ◽  
pp. 71-78
Author(s):  
И.В. Стадник
Keyword(s):  
Natural Gas ◽  
Foreign Market ◽  
Domestic Market ◽  
Liquefied Natural Gas ◽  
New Markets ◽  
Natural Gas Market ◽  
Energy Complex ◽  
Priority Direction ◽  
A Priority ◽  
Gas Market

С каждым годом рынок сжиженного природного газа стремительно развивается и выходит на новые рынки. Российский СПГ не только реализуется на внешнем рынке, но и преобладает на внутреннем. В стране работают одни из крупнейших в мире заводов по производству СПГ. Россия стремится развивать это направление, планируя занять одно из лидирующих позиций среди стран-производителей сжиженного природного газа. Every year, the liquefied natural gas market is rapidly developing and entering new markets. Russian LNG is not only sold on the foreign market, but also prevails on the domestic market. The country has one of the world's largest LNG production plants. Russia is striving to develop this direction, planning to take one of the leading positions among the countries producing liquefied natural gas.

scholarly journals The energy needs of Poland in relation to the domestic market of liquid natural gas

2019 ◽  
Vol 24 (6) ◽  
pp. 381-386
Author(s):  
Ewelina Chłopińska ◽  
Artur Bajko ◽  
Alexander Autzen
Keyword(s):  
Natural Gas ◽  
National Economy ◽  
Domestic Market ◽  
Raw Material ◽  
Energy Carriers ◽  
Energy Needs ◽  
Gas Market ◽  
Liquid Natural Gas

The article discusses the aspect of the demand, satisfaction and consumption of energy raw material which is natural gas in liquefied form in Poland. In the first part of the work the gas market was recycled referring to the national economy. Subsequently, energy carriers used in Poland are described and factors determining the use of this raw material are presented. The energy needs of the country with respect to the gas market were further defined.

Sign in / Sign up

Export Citation Format

Share Document