dc.contributor.author | Sønstebø, Eirik Aakvik | |
dc.date.accessioned | 2013-02-19T10:52:08Z | |
dc.date.available | 2013-02-19T10:52:08Z | |
dc.date.issued | 2012 | |
dc.identifier.uri | http://hdl.handle.net/11250/169917 | |
dc.description.abstract | This thesis analyses the quantitative impact of potential liquid natural gas exports from the U.S. to the European market. I establish a simple, analytically transparent and tractable framework for supply and demand. In order to get quantitative estimates I combine this analytical framework with estimated demand and supply elasticities from existing literature. I find that exported quantity from the U.S. market will be approximately 20 % of produced quantity, and that domestic price will increase with approximately 11 %. In Europe the price will decrease by almost a fifth. I also find the future price and traded quantity to be mostly affected by elasticities in the European market, not the U.S. market. Finally, I find the prices in the futures market to adjust in the same pattern as this analysis, but I cannot identify that this is caused by expected LNG exports. | no_NO |
dc.language.iso | eng | no_NO |
dc.subject | | no_NO |
dc.subject | business analysis and performance management | no_NO |
dc.subject | | no_NO |
dc.title | The impact of natural gas exports from the U.S. to Europe | no_NO |
dc.type | Master thesis | no_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Economics: 212 | no_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Business: 213 | no_NO |