Sharif Policy Research Institute Sharif Policy Research Institute
  • about us
  • Network
  • Publications
    • Journal articles
    • Conference papers
    • Books
  • Events
  • Conference
  • People
  • Contact Us
A Gas Cartel in the Global Market? Hype or Reality

A Gas Cartel in the Global Market? Hype or Reality

فاضل فريمانيفاضل فريماني
Seyed Reza Mirnezami
Ali Maleki


Industry and Sustainable Development Think Tank
publisher : International Journal of Energy Economics and Policy
year of publication : 2019



  • Abstaract
  • Download

Abstaract

 
In late 2018, Qatar -as a key player in the global gas market- announced that it has decided to quit the OPEC and rather will be focussing on its gas industry. Such a decision, drew the attentions once again and after a decade to the issue of gas cartel formation.  The basic question of this paper is under which conditions gas cartel formation is feasible in presence of an oil cartel. Using a game theory framework the paper models the interaction of countries that export both gas and oil and are member of OPEC with those that export only gas or oil. Results indicate that gas cartel formation is feasible but under very vulnerable conditions. It is also shown that active members of OPEC who are also key players in the gas market prefer to form the cartel, however, it may not be the case for countries with unbalanced portfolio of oil and gas export. The impact of gas cartel formation on the price and supply of both oil and gas is also discussed.

Keywords: Gas Market, Gas Cartel, Bargaining, Game Theory

Download

 download link 

AI Policies: Pitfalls & Promises

AI Policies: Pitfalls & Promises

Developing Sustainable Land-Use Patterns At Watershed Scale Using Nexus Of Soil, Water, Energy, And Food

Developing Sustainable Land-Use Patterns At Watershed Scale Using Nexus Of Soil, Water, Energy, And Food

The Difference Between Exporter And Non-Exporter Knowledge-Based Firms: The Case Of Iranian Firms In The Chemical Industry

The Difference Between Exporter And Non-Exporter Knowledge-Based Firms: The Case Of Iranian Firms In The Chemical Industry

Iran And COVID-19: An Alternative Crisis Management System Based On Bottom-Up Islamic Social Finance And Faith-Based Civic Engagement

Iran And COVID-19: An Alternative Crisis Management System Based On Bottom-Up Islamic Social Finance And Faith-Based Civic Engagement







SOCIAL MEDIA

  • Instagram
  • Twitter
  • Telegram
  • Linkedin
  • Youtube
  • Aparat

LINKS

  • Sharif University of Technology
  • Expediency Discernment Council

CONTACT US

Address: Sharif Policy Research Institute, Sharif University of Technology, Azadi Ave, Tehran, Iran.
Telfax: +98(21)66065140 – +98(21)66065139 Email: spri@sharif.edu

© SPRI 2023