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Texte intégral
Bachelor thesis

Natural gas and pricing mechanisms in Europe : what are the expectations for the coming years ?

    2016

50 p.

Mémoire de bachelor: Haute école de gestion de Genève, 2016

Gaz (carburant)
Gaz naturel
Europe
English In Europe, Natural gas pricing is a very interesting and complex subject. Today the European gas market is about to see a “BIG” change. In order to analyze the natural gas pricing in Europe and its evolution, we first need to understand that the European gas market pricing is divided in two main mechanisms. On one side we find the Oil-Indexed gas price, which is a long-term contract with some exporting countries like Russia, while on the other side the competitive Hub price based on supply and demand (spot ex: UK NBP and Dutch TTF) located in Europe. So, this drew to a battle between these two ways of pricing because the importers were buying gas on oil-linked deals that was higher than those paying at spot gas market levels (Hub). Through this decades pricing in Europe is the subject of many conversations, predictions and political debates. During my last year of Bachelor program, attending classes of “Commodity Trading” helped me to analyze and understand some of the actual debates concerning the commodities. I sow that the natural gas market in Europe was very complex and maybe close to a turning point. That is why, as a student, I have tried to understand this market. Finally, the purpose of this project is to analyze this market and try to understand what could happen with these two ways of pricing and follow the evolution of natural gas pricing in Europe. As well as predict what could happen in the next years taking into account the maximum of factors.
Language
  • English
Classification
Economics
Notes
  • Haute école de gestion Genève
  • Economie d'entreprise
  • hesso:hegge
License
License undefined
Identifiers
  • RERO DOC 277975
  • RERO R008555375
Persistent URL
https://sonar.ch/hesso/documents/314553
Statistics
Document views: 34 File downloads:
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