As countries have deregulated prices and lowered entry barriers in the natural gas industry, many new participants have emerged, promoting competition in the newly created markets. The increased competition has benefited everyone through more efficient pricing and greater choice among natural gas contracts. Four distinct structural models have emerged in the industry's restructuring. The traditional model (a vertically integrated industry) has been...
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INFORMATION
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1998/03/31
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Document de travail de recherche sur les politiques
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WPS1895
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1
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1
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2010/07/01
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The emergence of markets in the natural gas industry
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market participant
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