Recent Dynamics in the Global Liquefied Natural Gas Industry

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Recent Dynamics in the Global Liquefied Natural Gas Industry by : Sophia Ruester

Download or read book Recent Dynamics in the Global Liquefied Natural Gas Industry written by Sophia Ruester and published by . This book was released on 2015 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a summary on recent developments in the global liquefied natural gas (LNG) industry and discusses prospects for capacity development in the mid-term future. During the early years of the industry, most of the world's LNG export infrastructure remained under state control and the industry was characterized by inflexible bilateral long-term supply agreements with take-or-pay and destination clauses. In today's LNG market, new flexibility in trading patterns comes from changes in the structure of long-term contracts. In addition, short-term agreements and spot transactions gain in importance. The first export projects without having sold total volume based on long-term contracts are moving forward. LNG suppliers and buyers increasingly integrate vertically along the whole value chain. Some companies invest in an entire portfolio of LNG export, shipping, and import positions, enabling them to conduct flexible trades and to benefit from regional price differences. In contrast, some new entrants invested in non-integrated LNG import terminals operating them as tolling facilities or speculating for short-term deliveries. However, the non-integrated players still have to prove to be successful in an industry, which a long time has been a sellers' market without major uncommitted export capacities, and in which also in the longer-term future, once, the economic crisis is overcome, importers are expected to continue to compete for global supplies.

Handbook of Liquefied Natural Gas

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Publisher : Gulf Professional Publishing
ISBN 13 : 0124046452
Total Pages : 617 pages
Book Rating : 4.1/5 (24 download)

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Book Synopsis Handbook of Liquefied Natural Gas by : Saeid Mokhatab

Download or read book Handbook of Liquefied Natural Gas written by Saeid Mokhatab and published by Gulf Professional Publishing. This book was released on 2013-10-15 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liquefied natural gas (LNG) is a commercially attractive phase of the commodity that facilitates the efficient handling and transportation of natural gas around the world. The LNG industry, using technologies proven over decades of development, continues to expand its markets, diversify its supply chains and increase its share of the global natural gas trade. The Handbook of Liquefied Natural Gas is a timely book as the industry is currently developing new large sources of supply and the technologies have evolved in recent years to enable offshore infrastructure to develop and handle resources in more remote and harsher environments. It is the only book of its kind, covering the many aspects of the LNG supply chain from liquefaction to regasification by addressing the LNG industries’ fundamentals and markets, as well as detailed engineering and design principles. A unique, well-documented, and forward-thinking work, this reference book provides an ideal platform for scientists, engineers, and other professionals involved in the LNG industry to gain a better understanding of the key basic and advanced topics relevant to LNG projects in operation and/or in planning and development. Highlights the developments in the natural gas liquefaction industries and the challenges in meeting environmental regulations Provides guidelines in utilizing the full potential of LNG assets Offers advices on LNG plant design and operation based on proven practices and design experience Emphasizes technology selection and innovation with focus on a “fit-for-purpose design Updates code and regulation, safety, and security requirements for LNG applications

Energy for the 21st Century

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Publisher : Edward Elgar Publishing
ISBN 13 : 1781005885
Total Pages : 508 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Energy for the 21st Century by : Susan L. Sakmar

Download or read book Energy for the 21st Century written by Susan L. Sakmar and published by Edward Elgar Publishing. This book was released on 2013-04-01 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔProfessor SakmarÕs book is a must-read for anyone interested in gaining a better understanding of the most dynamic segment of the global energy industry.Õ Ð Jay Copan, Executive Director, LNG 17 ÔProfessor SakmarÕs book provides a well-rounded overview of the global role that natural gas is expected to play in the future and the important role of LNG as a means of transporting gas to where it is needed. Readers will find the book to be a very convenient compendium of relevant global information and an important educational, informational resource.Õ Ð Ronald D. Ripple, Director, Centre for Research in Energy and Minerals Economics, Curtin University, Australia ÔUnderstanding global energy markets Ð what forces shape them and what trends define them Ð is critical for any professional trying to evaluate new energy developments and technological directions. Susan SakmarÕs impressive ability to provide this context in terms of LNG markets makes her book valuable.Õ Ð Warren R. True, Sr., Chief Technology Editor, Oil & Gas Journal ÔWith clear and direct text, supplemented with key maps, charts and graphics from government, industry and other sources, the book moves the reader smoothly through the early history of LNG up to current developments, including shale gas and North American LNG exports. The book is a valuable resource for anyone interested in understanding global gas markets and the energy policy challenges facing us in the 21st century.Õ Ð Jacqueline L. Weaver, A.A. White Professor of Law, University of Houston Law Center, US Countries around the world are increasingly looking to liquefied natural gas (LNG) Ð natural gas that has been cooled until it forms a transportable liquid Ð to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world. This comprehensive study covers topics such as the LNG value chain, the historical background and evolution of global LNG markets, trading and contracts, and an analysis of the various legal, policy, safety and environmental issues pertaining to this important fuel. Additionally, the author discusses emerging issues and technologies that may impact global LNG markets, such as the development of shale gas, the prospects of North American LNG exports, the potential role of the Gas Exporting Countries Forum and floating LNG. The author contextualizes the discussion about the importance of LNG with an analysis of why the 21st century will be the Ôgolden ageÕ of natural gas. Accessible and non-technical in nature, this timely book will serve as an essential reference for practitioners, scholars and anyone else interested in 21st century energy solutions.

North America Natural Gas Market Dynamics

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Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (812 download)

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Book Synopsis North America Natural Gas Market Dynamics by : Mellisa Mei

Download or read book North America Natural Gas Market Dynamics written by Mellisa Mei and published by . This book was released on 2011 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monetizing Natural Gas in the New “New Deal” Economy

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Publisher : Springer Nature
ISBN 13 : 3030599833
Total Pages : 552 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Monetizing Natural Gas in the New “New Deal” Economy by : Michelle Michot Foss

Download or read book Monetizing Natural Gas in the New “New Deal” Economy written by Michelle Michot Foss and published by Springer Nature. This book was released on 2021-05-11 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural gas markets have undergone momentous changes, worldwide. This book updates and expands on the dynamics, performance and forward path of expanding natural gas use in the US and worldwide, including international trade. It brings together major research themes and findings with recent updates and analysis of new trends and developments. It also explores many considerations for natural gas market development, such as the importance of infrastructure, transparent pricing, and institutional capacity. This book is unique in providing background on the full natural gas value chain as well as information and analysis that can foster scenario-building and decision-making. Of particular value are the lessons learned and demonstrated for those countries that aspire to build effective natural gas markets and to expand natural gas development and use.

The Globalization of Natural Gas Markets

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Publisher : Edward Elgar Publishing
ISBN 13 : 9789491673160
Total Pages : 0 pages
Book Rating : 4.6/5 (731 download)

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Book Synopsis The Globalization of Natural Gas Markets by : Manfred Hafner

Download or read book The Globalization of Natural Gas Markets written by Manfred Hafner and published by Edward Elgar Publishing. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decades, the European gas industry has experienced extraordinary success. A strongly interconnected network of gas pipelines has been developed inside and around Europe, and the liquefied natural gas (LNG) trade has also expanded rapidly. However, the European gas industry is now facing a number of new challenges and opportunities, related to both its demand and supply sides. On the demand side, the ambitious EU de-carbonization targets have led to an unprecedented uncertainty of the EU future gas demand. In fact, the implementation of a climate-based energy policy in Europe challenges the role of natural gas in the long-term European energy mix. Also, natural gas could play an important and cost effective role in the transition towards a low carbon economy. On the supply side, new natural gas supplies are emerging around the world, mainly because of an increase in the global LNG supply and the shale gas revolution in the US. This unprecedented shift in the supply/demand balance is creating new dynamics also in the European gas industry, regarding both the EU security of gas supply architecture and the EU gas pricing mechanism. This book provides a comprehensive analysis of all these challenges and opportunities affecting the European gas industry, providing a clear snapshot of a market characterized by growing uncertainty and volatility. (Series: European Energy Studies - Vol. 6)

The World Of Liquefied Natural Gas

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (87 download)

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Book Synopsis The World Of Liquefied Natural Gas by : Rajeev Mathur, S. Ravishankar

Download or read book The World Of Liquefied Natural Gas written by Rajeev Mathur, S. Ravishankar and published by . This book was released on 2022-08-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global LNG markets are seeing unprecedented market movements, price upsurges and changing demand-supply dynamics in recent times, having a huge impact on the LNG buyers. In fact, the last 6 years presented a market scenario which is dramatically different from what it was during the earlier two decades. Yes, pricing strategies, contractual dimensions and portfolio strategies of buyers are changing. What do LNG sellers foresee as the future of LNG markets? How do buying countries like India look at the future and prepare themselves? The book captures the world of the LNG market – its past, present and future – and aims to be a practitioner's guide to every professional associated with the global/Indian gas industry. Market knowledge, business foresight and strategic preparedness are the major needs in today’s dynamic scenario in the global gas/LNG markets. The book aims to provide them and be the best knowledge companion to the energy/gas sector professionals.

LNG Business Development

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Author :
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (768 download)

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Book Synopsis LNG Business Development by : Rodrigo Sandoval

Download or read book LNG Business Development written by Rodrigo Sandoval and published by Independently Published. This book was released on 2024-01-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "LNG Business Development" by esteemed author Rodrigo Sandoval is a comprehensive and indispensable guide that delves into the intricate world of Liquefied Natural Gas (LNG) business expansion. With his extensive expertise in the LNG industry, Sandoval provides readers with a roadmap to navigate the complexities and opportunities within this dynamic sector. As the global demand for cleaner energy sources continues to rise, LNG has emerged as a critical player in the energy transition. Sandoval's book equips both newcomers and industry veterans with the knowledge and strategies needed to thrive in this ever-evolving landscape. Key Highlights: Strategic Insights: Sandoval offers strategic insights into LNG market analysis, shedding light on market trends, opportunities, and threats. Readers will gain a deep understanding of the economic factors and regulatory frameworks that shape the industry. Portfolio Management: The book explores the intricacies of managing an LNG portfolio, including upstream integration, midstream and downstream assets, and supply chain optimization. Sandoval emphasizes the importance of a holistic approach to portfolio management for sustained success. Risk Mitigation: Sandoval provides valuable guidance on risk assessment and management specific to LNG projects. Readers will learn how to identify and mitigate market, operational, and geopolitical risks effectively. Global Perspective: With a focus on the Asia Pacific and Middle East regions, the book unravels the nuances of doing business in these diverse and high-growth markets. Sandoval emphasizes the importance of cultural intelligence, stakeholder engagement, and regulatory compliance in these regions. Sustainability and Innovation: Sandoval advocates for sustainability and innovation in LNG business development. He discusses the role of cleaner technologies, carbon-neutral initiatives, and environmental standards in shaping the future of the industry. Professional Development: The book offers guidance on building a successful career in the LNG sector. Sandoval underscores the importance of education, certifications, and continuous learning in a rapidly evolving industry. "LNG Business Development" is not just a book; it's a comprehensive resource that empowers readers to navigate the challenges and seize the opportunities in the LNG industry. Whether you're a business professional, industry executive, or a student aspiring to enter the LNG sector, this book will serve as your invaluable companion on the path to success. Get ready to embark on a journey into the world of LNG business development with one of the industry's leading experts as your guide.

Vertical Structures in the Global Liquefied Natural Gas Market

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (652 download)

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Book Synopsis Vertical Structures in the Global Liquefied Natural Gas Market by :

Download or read book Vertical Structures in the Global Liquefied Natural Gas Market written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade, the global liquefied natural gas (LNG) market altered substantially. Significant investments have been realized, traded volumes increased and contracting structures gained in flexibility. Various governance forms co-exist, including the poles of spot market transactions and vertical integration as well as numerous hybrid forms such as long-term contracts, joint ventures, and strategic partnerships. This dissertation empirically investigates, based on transaction cost economics and recent extensions thereof, which motivations drive companies towards the choice of hierarchical governance forms. First, the likelihood of vertical integration and the impact of inter-organizational trust as a shift parameter accounting for differences in the institutional environment are analyzed. Estimation results confirm transaction cost economics by showing that relationship-specific investments in an uncertain environment drive LNG companies to invest in successive stages along the value chain. Furthermore, the presence of inter-organizational trust increases the likelihood of less hierarchical governance modes. Second, alternative theories of the firm are linked in order to explain the menu of strategic positions recently observed in this dynamic market. Estimation results support the positioning-economizing perspective of the firm. The three strategic choices of target market position, resource profile, and organizational structure are interdependent. Third, the determinants of optimal contract length as a trade-off between the minimization of transaction costs due to repeated bilateral bargaining and the risk of being bound in an inflexible agreement in uncertain environments is discussed. Estimation results show that the presence of high asset specificity results in longer contracts whereas the need for flexibility in today's LNG market supports shorter agreements. When firms have experience in bilateral trading, contract duration decreases. In addition, c.

The Development of a Global LNG Market

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Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Development of a Global LNG Market by : James T. Jensen

Download or read book The Development of a Global LNG Market written by James T. Jensen and published by . This book was released on 2004 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A major aim of this study is to test the proposition that LNG markets will become increasingly 'global'. In the process, the study illuminates the very substantial changes unfolding in the Atlantic and Pacific Basin LNG markets. The evolution of short-term and spot transactions, and the development of arbitrage opportunities within the Atlantic Basin and between the Atlantic and the Pacific, have been identified as important trends, as demand for LNG increases, particularly in the United States."--BOOK JACKET.

Liquefied Natural Gas in China

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Publisher : World Bank Publications
ISBN 13 : 9780821347348
Total Pages : 116 pages
Book Rating : 4.3/5 (473 download)

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Book Synopsis Liquefied Natural Gas in China by : Dean Girdis

Download or read book Liquefied Natural Gas in China written by Dean Girdis and published by World Bank Publications. This book was released on 2000-01-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: A report on key issues and options relating to the development of a liquefied natural gas (LNG) project in China. The objectives of the study were to examine the projected market for gas and to review the mechanisms and structures necessary to support the introduction of gas.

LNG Markets in Transition

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Publisher : Oxford University Press, USA
ISBN 13 : 9780198783268
Total Pages : 0 pages
Book Rating : 4.7/5 (832 download)

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Book Synopsis LNG Markets in Transition by : Anne-Sophie Corbeau

Download or read book LNG Markets in Transition written by Anne-Sophie Corbeau and published by Oxford University Press, USA. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present situation in the LNG market should be seen as a 'crossroads' for the industry. The LNG industry has not been static over the past 5 decades and has already experienced many changes, but still the model of long-term contracts prevails and the majority of LNG is still bought at oil-indexed gas prices. There have however been considerable changes: an increase in short-term trading of LNG, buyer contractual flexibility and FOB contracts which have lead to around a quarter of the LNG is being traded under spot and short-term contracts, with aggregators play a far more significant role. All these factors have influenced project business structures. The industry has now embarked on a period of further change, with 180 bcm of new LNG export capacity (equivalent to more than 50% of LNG trade in 2014) under construction at a time when the assumed rapid LNG demand growth in Asia appears to be slowing. The absorption of this new supply will affect, not only trade-flow patterns, but also pricing dynamics, competition with other gas supply channels and (in the power sector) potentially other fuels. Key to this change is US LNG, with buyers becoming more selective about the price and delivery terms they are ready to accept. Sellers however are facing high costs and are reluctant to abandon a business model in which they have confidence. Oil indexation is under further attack with US LNG selling at HH indexed prices (plus costs), and other sellers and buyers have been pressured to adopt different pricing policies and secure more contractual flexibility. This volume examines the development of the LNG business over the past 50 years and examines how the industry will change over the coming 15 years, faced by unprecedented challenges to its historic business model.

Energy Economy in China

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Author :
Publisher : World Scientific
ISBN 13 : 9814335681
Total Pages : 287 pages
Book Rating : 4.8/5 (143 download)

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Book Synopsis Energy Economy in China by : Kang Wu

Download or read book Energy Economy in China written by Kang Wu and published by World Scientific. This book was released on 2013 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2030. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil supplies, pipeline and liquefied natural gas (LNG) imports, energy security, downstream oil refining sector developments, the use of natural gas for power generation, and oil and gas related environmental issues. The impact of China's oil and gas sector developments, market dynamics, rising imports, and overseas investment on the Asia-Pacific region and the world at large are examined.Energy Economy in China also reviews current and future oil refining projects, gas pipelines, LNG import terminals, and emerging new markets in China over the next fifteen years.

Monetizing Natural Gas in the New "New Deal" Economy

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Publisher :
ISBN 13 : 9783030599843
Total Pages : 0 pages
Book Rating : 4.5/5 (998 download)

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Book Synopsis Monetizing Natural Gas in the New "New Deal" Economy by : Michelle Michot Foss

Download or read book Monetizing Natural Gas in the New "New Deal" Economy written by Michelle Michot Foss and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural gas markets have undergone momentous changes, worldwide. This book updates and expands on the dynamics, performance and forward path of expanding natural gas use in the US and worldwide, including international trade. It brings together major research themes and findings with recent updates and analysis of new trends and developments. It also explores many considerations for natural gas market development, such as the importance of infrastructure, transparent pricing, and institutional capacity. This book is unique in providing background on the full natural gas value chain as well as information and analysis that can foster scenario-building and decision-making. Of particular value are the lessons learned and demonstrated for those countries that aspire to build effective natural gas markets and to expand natural gas development and use. Michelle Michot Foss is Fellow in Energy, Minerals & Materials at Rice University's Baker Institute for Public Policy-Center for Energy Studies, USA. She has contributed widely recognized research on the natural gas/LNG industries. She has nearly 40 years of experience in energy/environment research, consulting and investment banking. Her professional engagements have entailed more than 20 countries, more than 40 with capacity building. She has numerous professional recognitions and awards. She was past president of USAEE, IAEE and is a USAEE Senior Fellow. Anna Mikulska is Nonresident Fellow in Energy Studies at Rice University's Baker Institute-CES, USA. She is also a senior fellow at University of Pennsylvania's Kleinman Center for Energy Policy. Her research focuses on the geopolitics of natural gas within the EU, former Soviet Bloc and Russia. Her current interests include the potential use of natural gas as a geoeconomic tool and ways in which US LNG exports could bolster European energy security. Gürcan Gülen is an energy economist with 25 years of experience in research on oil, natural gas, and electric power value chains; related technical assistance; and customized capacity building in numerous countries. After nine years at the University of Houston and 13 years at the Bureau of Economic Geology (UT-Austin), he is now an independent consultant and continues to instruct in executive education programs. He is a USAEE Senior Fellow. .

The Future of Liquified Natural Gas in a Decarbonising World

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Author :
Publisher : Routledge
ISBN 13 : 9781032898902
Total Pages : 0 pages
Book Rating : 4.8/5 (989 download)

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Book Synopsis The Future of Liquified Natural Gas in a Decarbonising World by : Omran Al-Kuwari

Download or read book The Future of Liquified Natural Gas in a Decarbonising World written by Omran Al-Kuwari and published by Routledge. This book was released on 2025-01-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the role of liquified natural gas in a decarbonising world, and presents the most significant energy transition options and implications for the liquified natural gas industry. Major investments and developments in technology have been made in recent years in an attempt to meet global demand, but energy systems require radical new pathways to meet climate goals in line with the Paris Agreement. This book explores the role of liquified natural gas in the context of the global energy transition, arguing that liquified natural gas has a role to play in terms of resources, the gas market, energy transition dynamics/regime status, and geo-political powers. Using a bespoke meta-framework grounded in institutional theory and case studies, the book examines how institutional, political, and resource characteristics affect liquified natural gas use. The book also explores implications for liquified natural gas exporters in the context of the energy transition and analyses the characteristics of liquified natural gas compared with pipeline gas. The multiple case study approach examines the role of natural gas in Japan, the UK, and China, three countries in different stages of the energy transition, to determine potential pathways for exporters. Utilising a multi-method procedure for data collection, including data analysis, in-depth interviews, and direct observations, the book concludes with findings on the potential role of liquified natural gas in various future stages of the energy transition. Written by an industry expert, this book will be of value to students, researchers and academics interested in energy studies, decarbonisation studies and environmental studies more broadly.

Handbook of Liquefied Natural Gas

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Author :
Publisher :
ISBN 13 : 9781681173931
Total Pages : 0 pages
Book Rating : 4.1/5 (739 download)

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Book Synopsis Handbook of Liquefied Natural Gas by : Deependra Singh

Download or read book Handbook of Liquefied Natural Gas written by Deependra Singh and published by . This book was released on 2015-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Liquefied natural gas (LNG) is a commercially attractive phase of the commodity that facilitates the efficient handling and transportation of natural gas around the world. The LNG industry, using technologies proven over decades of development, continues to expand its markets, diversify its supply chains and increase its share of the global natural gas trade. The Handbook of Liquefied Natural Gas is a timely book as the industry is currently developing new large sources of supply and the technologies have evolved in recent years to enable offshore infrastructure to develop and handle resources in more remote and harsher environments. This book provides an ideal platform for scientists, engineers, and other professionals involved in the LNG industry to gain a better understanding of the key basic and advanced topics relevant to LNG projects in operation and/or in planning and development. The LNG supply chain extends from upstream production, LNG production plant, shipping, storage, and regasification to supply to sales gas pipelines and power plant users. LNG production is capital intensive and the recent costs have deterred the commitment of most investors, and any future LNG production plant owners must reevaluate the current technologies for a -fit-for-purpose" design to reduce the life cycle costs."

The New Politics of Energy Security in the European Union and Beyond

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Author :
Publisher : Routledge
ISBN 13 : 1317022688
Total Pages : 231 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis The New Politics of Energy Security in the European Union and Beyond by : Andrea Prontera

Download or read book The New Politics of Energy Security in the European Union and Beyond written by Andrea Prontera and published by Routledge. This book was released on 2017-05-18 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining theoretical reflections and empirical insights from paradigmatic case studies in the area of external energy governance, pipeline politics, Liquefied Natural Gas development and offshore petroleum policy and politics, this ground-breaking study demonstrates that a distinctive and new politics of energy security is definitively emerging in the European Union. Innovative not only in regard to the case studies presented (which include the Caspian region, the Baltic, Mediterrean countries, Central Asia and EU-Russia relations), but also in regard to the analytical framework adopted – an International Political Economy approach informed by an historical institutional perspective – the book challenges the common view of the ‘de-politicisation’ of energy security supported by the mainstream market approach and the power politics and ‘zero-sum game’ view supported by the geopolitical perspective. This book places the study of EU energy politics in the broader, evolving context of global energy markets and explores the complex interactions between EU and national political dynamics and between energy security and environmental concerns at the local level.