The Asia Pacific natural gas market: Large enough for all?
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...
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Veröffentlicht in: | Energy policy 2014-02, Vol.65, p.1-6 |
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description | 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.
•Estimates of gas consumption in the Asia Pacific (AP) in 2030 are presented.•Compared with supply estimates for AP including indigenous, pipeline, and LNG.•Find that demand in AP large enough to accommodate supply from all regions.•Nations should promote gas trade policy and not be overly concerned about oversupply. |
doi_str_mv | 10.1016/j.enpol.2013.10.014 |
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•Estimates of gas consumption in the Asia Pacific (AP) in 2030 are presented.•Compared with supply estimates for AP including indigenous, pipeline, and LNG.•Find that demand in AP large enough to accommodate supply from all regions.•Nations should promote gas trade policy and not be overly concerned about oversupply.</description><identifier>ISSN: 0301-4215</identifier><identifier>EISSN: 1873-6777</identifier><identifier>DOI: 10.1016/j.enpol.2013.10.014</identifier><identifier>CODEN: ENPYAC</identifier><language>eng</language><publisher>Kidlington: Elsevier Ltd</publisher><subject>Applied sciences ; Asia ; Asia Pacific natural gas ; Benefits ; Central Asia ; Demand ; Economic data ; Economic theory ; Energy ; Energy consumption ; Energy economics ; Energy policy ; Exact sciences and technology ; Fossil fuels and derived products ; Gas ; General, economic and professional studies ; Markets ; Middle East ; Natural gas ; Natural gas industry ; Natural gas supply ; North America ; Oil industry ; Pipelines ; Power demand ; Russian Federation ; Studies ; Supply ; Supply & demand</subject><ispartof>Energy policy, 2014-02, Vol.65, p.1-6</ispartof><rights>2013 Elsevier Ltd</rights><rights>2015 INIST-CNRS</rights><rights>Copyright Elsevier Science Ltd. Feb 2014</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c592t-3293a33a32f6b59b9efa1c8cbc742ffad41f63b51bffde5b266ca88eca29832c3</citedby><cites>FETCH-LOGICAL-c592t-3293a33a32f6b59b9efa1c8cbc742ffad41f63b51bffde5b266ca88eca29832c3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://www.sciencedirect.com/science/article/pii/S0301421513010343$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>314,776,780,3537,27842,27843,27901,27902,65306</link.rule.ids><backlink>$$Uhttp://pascal-francis.inist.fr/vibad/index.php?action=getRecordDetail&idt=28084363$$DView record in Pascal Francis$$Hfree_for_read</backlink></links><search><creatorcontrib>Aguilera, Roberto F.</creatorcontrib><creatorcontrib>Inchauspe, Julian</creatorcontrib><creatorcontrib>Ripple, Ronald D.</creatorcontrib><title>The Asia Pacific natural gas market: Large enough for all?</title><title>Energy policy</title><description>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.
•Estimates of gas consumption in the Asia Pacific (AP) in 2030 are presented.•Compared with supply estimates for AP including indigenous, pipeline, and LNG.•Find that demand in AP large enough to accommodate supply from all regions.•Nations should promote gas trade policy and not be overly concerned about oversupply.</description><subject>Applied sciences</subject><subject>Asia</subject><subject>Asia Pacific natural gas</subject><subject>Benefits</subject><subject>Central Asia</subject><subject>Demand</subject><subject>Economic data</subject><subject>Economic theory</subject><subject>Energy</subject><subject>Energy consumption</subject><subject>Energy economics</subject><subject>Energy policy</subject><subject>Exact sciences and technology</subject><subject>Fossil fuels and derived products</subject><subject>Gas</subject><subject>General, economic and professional studies</subject><subject>Markets</subject><subject>Middle East</subject><subject>Natural gas</subject><subject>Natural gas industry</subject><subject>Natural gas supply</subject><subject>North America</subject><subject>Oil industry</subject><subject>Pipelines</subject><subject>Power demand</subject><subject>Russian Federation</subject><subject>Studies</subject><subject>Supply</subject><subject>Supply & demand</subject><issn>0301-4215</issn><issn>1873-6777</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2014</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><recordid>eNqNkU1r3DAQhkVJoJttf0EvglLIxVuNJMtyoIQQ-gULySE9i7F2tNHWsbeSHei_j7YbeuihBAYGhmc-3nkZewdiBQLMx92Khv3Yr6QAVSorAfoVW4BtVGWapjlhC6EEVFpC_Zqd5bwTQmjb6gW7uLsnfpUj8lv0MUTPB5zmhD3fYuYPmH7SdMHXmLbEaRjn7T0PY-LY95dv2GnAPtPb57xkP758vrv-Vq1vvn6_vlpXvm7lVCnZKlQlZDBd3XYtBQRvfecbLUPAjYZgVFdDF8KG6k4a49Fa8ihbq6RXS3Z-nLtP46-Z8uQeYvbU9zjQOGcHtRQKFMj6BSiooruxL0GF0VIbqQv6_h90N85pKJod6Ea0FlS5dMnUkfJpzDlRcPsUywN_OxDu4JLbuT8uuYNLh2JxqXR9eJ6N2WMfEg4-5r-t0gqrlVGF-3TkqHz6MVJy2UcaPG1iIj-5zRj_u-cJI-yl7Q</recordid><startdate>20140201</startdate><enddate>20140201</enddate><creator>Aguilera, Roberto F.</creator><creator>Inchauspe, Julian</creator><creator>Ripple, Ronald D.</creator><general>Elsevier Ltd</general><general>Elsevier</general><general>Elsevier Science Ltd</general><scope>IQODW</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7SP</scope><scope>7TA</scope><scope>7TB</scope><scope>7TQ</scope><scope>8BJ</scope><scope>8FD</scope><scope>DHY</scope><scope>DON</scope><scope>F28</scope><scope>FQK</scope><scope>FR3</scope><scope>H8D</scope><scope>JBE</scope><scope>JG9</scope><scope>KR7</scope><scope>L7M</scope><scope>7ST</scope><scope>C1K</scope><scope>SOI</scope></search><sort><creationdate>20140201</creationdate><title>The Asia Pacific natural gas market: Large enough for all?</title><author>Aguilera, Roberto F. ; Inchauspe, Julian ; Ripple, Ronald D.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c592t-3293a33a32f6b59b9efa1c8cbc742ffad41f63b51bffde5b266ca88eca29832c3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2014</creationdate><topic>Applied sciences</topic><topic>Asia</topic><topic>Asia Pacific natural gas</topic><topic>Benefits</topic><topic>Central Asia</topic><topic>Demand</topic><topic>Economic data</topic><topic>Economic theory</topic><topic>Energy</topic><topic>Energy consumption</topic><topic>Energy economics</topic><topic>Energy policy</topic><topic>Exact sciences and technology</topic><topic>Fossil fuels and derived products</topic><topic>Gas</topic><topic>General, economic and professional studies</topic><topic>Markets</topic><topic>Middle East</topic><topic>Natural gas</topic><topic>Natural gas industry</topic><topic>Natural gas supply</topic><topic>North America</topic><topic>Oil industry</topic><topic>Pipelines</topic><topic>Power demand</topic><topic>Russian Federation</topic><topic>Studies</topic><topic>Supply</topic><topic>Supply & demand</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Aguilera, Roberto F.</creatorcontrib><creatorcontrib>Inchauspe, Julian</creatorcontrib><creatorcontrib>Ripple, Ronald D.</creatorcontrib><collection>Pascal-Francis</collection><collection>CrossRef</collection><collection>Electronics & Communications Abstracts</collection><collection>Materials Business File</collection><collection>Mechanical & Transportation Engineering Abstracts</collection><collection>PAIS Index</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Technology Research Database</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>ANTE: Abstracts in New Technology & Engineering</collection><collection>International Bibliography of the Social Sciences</collection><collection>Engineering Research Database</collection><collection>Aerospace Database</collection><collection>International Bibliography of the Social Sciences</collection><collection>Materials Research Database</collection><collection>Civil Engineering Abstracts</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>Environment Abstracts</collection><collection>Environmental Sciences and Pollution Management</collection><collection>Environment Abstracts</collection><jtitle>Energy policy</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Aguilera, Roberto F.</au><au>Inchauspe, Julian</au><au>Ripple, Ronald D.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The Asia Pacific natural gas market: Large enough for all?</atitle><jtitle>Energy policy</jtitle><date>2014-02-01</date><risdate>2014</risdate><volume>65</volume><spage>1</spage><epage>6</epage><pages>1-6</pages><issn>0301-4215</issn><eissn>1873-6777</eissn><coden>ENPYAC</coden><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.
•Estimates of gas consumption in the Asia Pacific (AP) in 2030 are presented.•Compared with supply estimates for AP including indigenous, pipeline, and LNG.•Find that demand in AP large enough to accommodate supply from all regions.•Nations should promote gas trade policy and not be overly concerned about oversupply.</abstract><cop>Kidlington</cop><pub>Elsevier Ltd</pub><doi>10.1016/j.enpol.2013.10.014</doi><tpages>6</tpages><oa>free_for_read</oa></addata></record> |
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subjects | Applied sciences Asia Asia Pacific natural gas Benefits Central Asia Demand Economic data Economic theory Energy Energy consumption Energy economics Energy policy Exact sciences and technology Fossil fuels and derived products Gas General, economic and professional studies Markets Middle East Natural gas Natural gas industry Natural gas supply North America Oil industry Pipelines Power demand Russian Federation Studies Supply Supply & demand |
title | The Asia Pacific natural gas market: Large enough for all? |
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