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The world gas market in 2030 – development scenarios using the World Gas Model
Courtesy of Inderscience Publishers
We discuss potential developments of the world natural gas industry through 2030. We use the World Gas Model (WGM), a multi-period strategic representation of the global natural gas sector, between 2005 and 2030. We specify a 'base case' and then analyse the sensitivity of the world natural gas system with scenarios, including various supply scenarios (e.g., emergence of large volumes of unconventional shale gas, or tightly constrained reserves of conventional natural gas), the impact of CO
Keywords: natural gas trade, World Gas Model, WGM, mixed complementary problem, gas reserves, infrastructure investments, climate policy, world gas markets, energy security, gas production, gas consumption, traded volumes, gas prices, investment, gas pipelines, LNG terminals, gas storage, gas supply
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