THE TRANSITION TO HUB PRICE INDEXATION IN LONG-TERM CONTRACTS FOR IMPORT OF NATURAL GAS
Journal Title: International Journal of Innovative Technologies in Economy - Year 2017, Vol 1, Issue 6
Abstract
Over the last eight years gas price indexation to oil prices in Europe have been drastically reduced, and the linking of gas pricing to hubs has become the basis for the transactions being carried out. So far, hub prices have been accepted as a benchmark in Northwestern Europe. The southern part of Europe, including Bulgaria, also shows striving to follow hub prices, especially these ones on the NBP (United Kingdom) and the TTP (the Netherlands).
Authors and Affiliations
Yuli Radev
Keywords
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- EP ID EP466091
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