Trans-ASEAN gas pipeline and ASEAN gas market integration: Insights from a scenario analysis

Shi, X; Variam, HMP; Shen, Y

Trans-ASEAN gas pipeline and ASEAN gas market integration: Insights from a scenario analysis

Shi, X

Variam, HMP Shen, Y

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Publication Type:: Journal Article
Citation:: Energy Policy, 2019, 132 pp. 83 - 95
Issue Date:: 2019-09-01

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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.contributor.author	Shen, Y	en_US
dc.date.issued	2019-09-01	en_US
dc.identifier.citation	Energy Policy, 2019, 132 pp. 83 - 95	en_US
dc.identifier.issn	0301-4215	en_US
dc.identifier.uri	http://hdl.handle.net/10453/138745
dc.description.abstract	© 2019 Elsevier Ltd In order to promote ASEAN gas market integration, this paper offers four scenarios to renew momentum towards continuing with the marginalised Trans-ASEAN gas pipeline (TAGP)and further development of cross-border pipeline gas trading. The four subregional and regional market integration scenarios could be used as stepping-stones to achieve ASEAN gas market integration. The impact of each scenario was estimated with the least cost world gas market model and the impact is indicated by the difference between each integration scenario and the baseline scenario, respectively. The simulations suggest that integrated gas markets in ASEAN are beneficial through the reduction of total procurement costs for ASEAN and the World. The TAGP is also beneficial in terms of incentivising ASEAN production that can be transported cost-effectively to demand centres within the region. The development of marginal production due to the availability of lower cost transportation is in line with ASEAN's goals for resource optimisation and energy security enhancement. The paper suggests that ASEAN should advocate the gas market integration, and that ASEAN member states could take various institutional measures to achieve higher levels of integration.	en_US
dc.relation.ispartof	Energy Policy	en_US
dc.relation.isbasedon	10.1016/j.enpol.2019.05.025	en_US
dc.rights	info:eu-repo/semantics/embargoedAccess
dc.subject.classification	Energy	en_US
dc.title	Trans-ASEAN gas pipeline and ASEAN gas market integration: Insights from a scenario analysis	en_US
dc.type	Journal Article
utslib.citation.volume	132	en_US
utslib.for	1605 Policy and Administration	en_US
utslib.for	1503 Business and Management	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	*
utslib.copyright.embargo	2021-09-01T00:00:00+1000
pubs.publication-status	Published	en_US
pubs.volume	132	en_US

Abstract:

© 2019 Elsevier Ltd In order to promote ASEAN gas market integration, this paper offers four scenarios to renew momentum towards continuing with the marginalised Trans-ASEAN gas pipeline (TAGP)and further development of cross-border pipeline gas trading. The four subregional and regional market integration scenarios could be used as stepping-stones to achieve ASEAN gas market integration. The impact of each scenario was estimated with the least cost world gas market model and the impact is indicated by the difference between each integration scenario and the baseline scenario, respectively. The simulations suggest that integrated gas markets in ASEAN are beneficial through the reduction of total procurement costs for ASEAN and the World. The TAGP is also beneficial in terms of incentivising ASEAN production that can be transported cost-effectively to demand centres within the region. The development of marginal production due to the availability of lower cost transportation is in line with ASEAN's goals for resource optimisation and energy security enhancement. The paper suggests that ASEAN should advocate the gas market integration, and that ASEAN member states could take various institutional measures to achieve higher levels of integration.

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http://hdl.handle.net/10453/138745