Natural Gas Pricing in the EU: From oil-indexation to a hybrid pricing systemUploaded: 1 of November, 2014

There are two contradictory trends unfolding in the European gas market; the process of unbundling and market liberalization towards harmonized competitive pricing against the countercurrent of decreasing local production and greater import dependency. This paper identifies and assesses inherent challenges to the goals of diversification and competition in Europe and their potential effect on price formation.

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