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Security of Natural Gas Supply through Transit Countries (Paperback, Softcover reprint of the original 1st ed. 2004)
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Security of Natural Gas Supply through Transit Countries (Paperback, Softcover reprint of the original 1st ed. 2004)
Series: NATO Science Series II: Mathematics, Physics and Chemistry, 149
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Jens HETLAND & Teimuraz GOCHITASHVILI In contrast to oil,
natural gas is usually routed through pipeline systems stretched
from the wellhead to the end-user - although liquefied natural gas
(LNG) is gaining increased interest; the commercialisation of
natural gas fields is inherently linked to rigid transportation
systems that require huge investments in tangible assets fixed to
specific locations; the supply of natural gas is constrained by the
transportation system, and requires access to appropriate
infrastructure for transport and distribution; the trading of
natural gas is traditionally associated with long-term contracts,
albeit the duration per se of gas transport contracts appears to be
less important after the deregulation of the energy markets. As
diversification is strategically important to modern societies, the
security of energy supplies becomes an inherent issue. In order to
avoid situations of shortage, and to keep the price level stable,
industrial nations are paying attention to the security of energy
supplies. In brief terms this means that having more than one
supplier of natural gas and more than one transport route would be
strategically important. This also affects political issues and
international law and regulations, economics, science and
technology. The purpose of this book is to address opportunities
extended from science and research pertaining to the exploitation
and international trading of natural gas that involves transit
countries. This especially relates to the transport and handling of
gas from remote regions and pipelines that are
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