This paper investigates the degree of integration of natural gas markets in Europe, North
America and Japan in the time period between the early 1990s and 2004. The relationship …

This paper applies vector error correction models that show that oil and natural gas prices
decoupled around 2009. Before 2009, US and UK gas prices had a long-term equilibrium …

What significance will developments in shale gas production have for European gas prices?
Some commentators paint a gloomy picture of the future gas markets. But most forecasts for …

The increase in liquefied natural gas trade has accelerated the integration of previously
segmented markets in North America, Europe, and Asia. This paper provides evidence on …

This paper examines the European natural gas market connectedness. Four main markets
from the North-Western and South European regions are investigated with the Diebold …

Following deregulations in the European gas market, spot trading of natural gas has been
established in the UK, Belgium and the Netherlands, while long-term contracts remain the …

Numerous studies underline strong ties between European natural gas markets but they do
not account for the Russian invasion of Ukraine, a true test for market integration causing …

This letter provides a textbook example of an econometric analysis of the integration
between two commodity markets and the subsequent price convergence or absence thereof …

We use cooperative game theory to analyze the power structure in the pipeline network for
Russian gas. If the assessment is narrowly focused on the abilities to obstruct flows in the …

The purpose of this paper is to test the hypothesis of the existence of a single economic
market for the international coal industry, separated for coking and steam coal, and to …