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Liquidity and Price Competition in the Atlantic LNG Trade

机译:大西洋液化天然气贸易中的流动性和价格竞争

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摘要

Recent rising fuel prices have supported a rise of resource nationalism in the Americas and Africa, indirectly fostering a greater interest in diversified sources of energy such as liquefied natural gas (LNG) and renewables. Enticed by escalating global oil prices and aiming to fortify domestic wealth and prosperity, producing nation leaders are increasingly inclined to expropriate the assets of and/or redefine commercial terms with foreign oil and gas companies operating on their soil. Such appropriation of producer rents often results in the weakening of productive capacity by discouraging investment.
机译:近期燃料价格上涨支持了美洲和非洲资源民族主义的兴起,从而间接地引起了人们对液化天然气(LNG)和可再生能源等多种能源的更大兴趣。由于全球石油价格上涨并旨在巩固国内财富和繁荣而感到鼓舞,生产国领导人越来越倾向于剥夺在其领土上经营的外国石油和天然气公司的资产和/或重新定义商业条款。生产者租金的这种分配通常会通过抑制投资而导致生产能力的削弱。

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