The Transition to Hub-Based Gas Pricing in Continental Europe

The Transition to Hub-Based Gas Pricing in Continental Europe / Jonathan Stern and Howard Rogers. Oxford Institute for Energy Studies, 2011, 45 p. (NG 49) http://www.oxfordenergy.org/pdfs/NG49.pdf This paper argues that Continental European gas markets are moving inexorably from oil-linked to hub-based pricing. Market prices for gas increasingly reflect a complex combination of national regional and global supply and demand for gas rather than oil products. An increasingly competitive ..