Key elements for functioning gas hubs: A case study of East Asia

Shi, X; Variam, HMP

Key elements for functioning gas hubs: A case study of East Asia

Shi, X

Variam, HMP

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Publication Type:: Journal Article
Citation:: Natural Gas Industry B, 2018, 5 (2), pp. 167 - 176
Issue Date:: 2018-03-01

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Field	Value	Language
dc.contributor.author	Shi, X https://orcid.org/0000-0001-9653-7395	en_US
dc.contributor.author	Variam, HMP	en_US
dc.date.issued	2018-03-01	en_US
dc.identifier.citation	Natural Gas Industry B, 2018, 5 (2), pp. 167 - 176	en_US
dc.identifier.issn	2352-8540	en_US
dc.identifier.uri	http://hdl.handle.net/10453/132134
dc.description.abstract	© 2018 Sichuan Petroleum Administration This paper clarifies various concepts relevant to gas trading hubs and presents an innovative framework with key elements to create gas hubs. The nine key elements in the framework are further divided into basic elements for balancing hubs and advanced elements for benchmark hubs. The framework is applied to three East Asian case studies. The East Asian comparative case study shows that while Singapore is leading the way in establishing an LNG hub in Asia, the LNG hub concept is yet to be tested. Meanwhile, although China has the potential to host a gas hub, its current level of hub development is low. The paper suggests that these countries can advance their hub initiatives by strengthening the key elements as detailed in the proposed framework and create a more conducive environment through efforts such as market liberalization.	en_US
dc.relation.ispartof	Natural Gas Industry B	en_US
dc.relation.isbasedon	10.1016/j.ngib.2018.03.001	en_US
dc.rights	info:eu-repo/semantics/openAccess
dc.title	Key elements for functioning gas hubs: A case study of East Asia	en_US
dc.type	Journal Article
utslib.citation.volume	2	en_US
utslib.citation.volume	5	en_US
utslib.for	160507 Environment Policy	en_US
utslib.for	140205 Environment and Resource Economics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/DVC (International)
pubs.organisational-group	/University of Technology Sydney/DVC (International)/Australia-China Relations Institute
utslib.copyright.status	open_access	*
pubs.issue	2	en_US
pubs.publication-status	Published	en_US
pubs.volume	5	en_US

Abstract:

© 2018 Sichuan Petroleum Administration This paper clarifies various concepts relevant to gas trading hubs and presents an innovative framework with key elements to create gas hubs. The nine key elements in the framework are further divided into basic elements for balancing hubs and advanced elements for benchmark hubs. The framework is applied to three East Asian case studies. The East Asian comparative case study shows that while Singapore is leading the way in establishing an LNG hub in Asia, the LNG hub concept is yet to be tested. Meanwhile, although China has the potential to host a gas hub, its current level of hub development is low. The paper suggests that these countries can advance their hub initiatives by strengthening the key elements as detailed in the proposed framework and create a more conducive environment through efforts such as market liberalization.

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http://hdl.handle.net/10453/132134