Gas/LNG
Gateway to Europe
Turkey has ambitious plans to open its rapidly-growing gas market up to competition. Yesim Akcollu looks at how realistic these plans are
Moves to maturity
While many obstacles to the liquid short-term trading of gas in Europe remain, the market infrastructure is showing some signs of maturing. Oliver Holtaway looks at hub development in the European gas markets
Dealing with a volatile gas market
Eric Fishhaut explores the current state of volatility within the US natural gas market and outlines how hedging with 'strips' can be used to secure long-term prices that are variable, but known
Depending on Russia
Europe's increasing dependence on Russia for gas supplies throws up new risks that must be assessed. Understanding political risk is key, but the biggest risk to supply could be the lack of investment in the sector, finds Roderick Bruce
An uncertain future
European natural gas demand is expected to rise in the next three decades. But, as Anouk Honore finds, the overall picture is not easy to predict, and depends on what happens in individual countries – particularly Italy and Spain
Successful networking
Germany's virtually non-existent gas market has been given a shot in the arm by the country's network regulator, which has banned anti-competitive grid access contracts. Could this be the start of a success story, asks Oliver Holtaway
Gas storage parking lot full
More US natural gas storage is needed if price spikes are to be alleviated in the coming months experts believe, but construction interest is limited, finds David Watkins
Shell makes Sakhalin-2 offer to Gazprom
Shell has reportedly offered Russian gas giant Gazprom a controlling stake in the Sakahalin-2 oil and gas exploration project. The offer was made during discussions between Shell’s chief executive Jeroen van der Veer and Alexei Miller, chairman of…
Head gas trader quits JPMorgan
The head natural gas trader for JPMorgan has resigned after being asked to leave the investment bank, sources close to the situation said Friday.
Trading opportunities in the Nymex frac spread
This article examines the long-term relationship between natural gas and propane futures. Using a technique known as 'frac' spread trading, Mbodja Mougoué and Steven Slack illustrate the opportunities that can occur from using the price fluctuations in…
Energen increases 2007 natural gas, liquids hedge
US-based Energen Corporation, owner of gas exploration and production company Energen Resources Corporation (ERC), has increased its natural gas and gas-to-liquids hedging position for 2007, the company announced.
LogicaCMG’s Prodis chosen for Aldbrough gas storage facility
LogicaCMG, an IT services company, has secured a contract with Statoil and SSE Hornsea to provide its Prodis software to manage the commercial operations of the UK’s largest onshore gas storage facility, Aldbrough.
Gas pipeline sparks negative UK prices
UK gas prices fell to below zero last month, during the testing of a new pipeline. Now the pipeline is open, does more chaos ensue?
Modelling natural gas futures returns
In this article, Mats Kjaer and Ehud Ronn propose and estimate the correlation matrix of natural gas futures returns. They describe the relationship between the correlation and the time between two contracts' maturities, along with the number of 'April'…
A clearer picture
Energy bills are now prominent on most UK businesses' radar screens. Alistair Buchanan of UKregulator Ofgem offers an update on developments that could affect the UK's gas market this winter
Duke names spin-off
Duke Energy has announced that its existing natural gas business will be called Spectra Energy Corp when the operation becomes a stand-alone, publicly traded company, targeted for Jan. 1, 2007.
Crosstex Energy selects Quorum NGL marketing software
Crosstex Energy, a Dallas-based midstream natural gas company, has selected Quorum Liquids Marketing software from Quorum Business Solutions. The software will manage Crosstex’ commercial natural gas liquids (NGL) marketing activities.
Forward thinking for backwardation
In certain settings it's reasonable to assume that the current futures price embodies the market expectations of the spot price. However, as Gary Dorris, Sean Burrows and Vena Kostroun explain, there are distinct situations when this assumption does not…