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Market Structure in the New Gas Economy: Is Cartelization Possible?
Working Paper

As gas becomes a more important input to industrialized economies and the volume of gas traded in international markets increase, large consuming countries will begin to focus increasingly on the security and availability of their gas supplies. In addition, given the apparent similarities between the development of oil and gas markets, the question arises as to whether the structure of the gas market will evolve towards that prevailing in the market for crude oil.

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