Market-Based Systems for Natural Gas Transportation in the United Kingdom
11 Pages Posted: 14 Apr 2008 Last revised: 19 Apr 2015
The English reality shows which institutions and rules guarantee the operation of a completely liberalised gas chain. This article deals with the fundamental role that market mechanism are playing in respect to exchanges of gas and related services in the transportation system.
Note: Downloadable document is in Italian.
Keywords: gas naturale, natural gas, gas trading, gas transportation, National Balancing Point, NBP, Interconnector, gas shipping, Network Code, entry capacity, OCM, On-the-Day Commodity Market, IPE, International Petroleum Exchange, commodity charge, nomination, System Average Price
JEL Classification: L95
Suggested Citation: Suggested Citation