Skip to:

PUBLICATIONS

Flexible LNG Supply and Gas Market Integration: A Simulation Approach for Valuing the Market Arbitrage Option
Dissertation

Published By

Stanford

2007

Random (stochastic) variability in gas demand and prices creates significant option value for LNG suppliers with destination flexibility. In this chapter the author describes an analytical model to value the option of cargo diversion and to draw insights about the potential for future regional price convergence. This text is a working paper version of Chapter 4 in Mark Hayes' doctoral dissertation to be published in 2007 by Stanford University Press.

Publication Materials
Dissertation Chapter Download pdf

Share This Publication