2015
DOI: 10.3390/su7021690
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Seasonal Imbalances in Natural Gas Imports in Major Northeast Asian Countries: Variations, Reasons, Outlooks and Countermeasures

Abstract: Abstract:The seasonal imbalances and price premiums of natural gas imports (NGIs) seriously affect the sustainability of these imports in major Northeast Asian countries, namely, China, Japan, and South Korea. Research on NGI seasonality might provide new insights that may help solve these issues. Unfortunately, little research has been conducted on this topic. Therefore, this paper examined the seasonalities of Chinese, Japanese, and South Korean NGIs using the X-12-ARIMA model to analyze monthly and quarterl… Show more

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Cited by 12 publications
(7 citation statements)
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References 13 publications
(18 reference statements)
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“…Imported gas has a relatively favourable EROI in the range of 6.9:1-13.8:1 (Kong et al 2015b), which is similar to CSG. In the current situation, in which the domestic gas supply cannot meet demand and gas import dependency is relatively low, imported gas is also a good choice from the net energy perspective.…”
Section: Discussionmentioning
confidence: 54%
“…Imported gas has a relatively favourable EROI in the range of 6.9:1-13.8:1 (Kong et al 2015b), which is similar to CSG. In the current situation, in which the domestic gas supply cannot meet demand and gas import dependency is relatively low, imported gas is also a good choice from the net energy perspective.…”
Section: Discussionmentioning
confidence: 54%
“…Since the 1990s, the Chinese government has implemented several NG price reforms. The pricing method for NG has evolved from government pricing to a two-track implementation to prices set with government guidance and finally to the current market net back value method (Kong et al 2015). Although the pricing mechanisms have gradually improved, market-oriented pricing is still not used for China's NG.…”
Section: Policy Implicationsmentioning
confidence: 99%
“…Together, oil and gas comprise approximately 25.5 % of the consumption of primary energy resources (Safronov and Sokolov 2014). Due to China's limited domestic production capacity, however, increasing amounts of oil and gas have been imported from counties such as Qatar, Indonesia, Malaysia, Russia, and Australia (Kong et al 2015). Over the last 7 years, China's dependency on imported oil (IO) has increased by 21.5 % annually, and in 2013, it reached 59 percent of total use (Fig.…”
Section: Introductionmentioning
confidence: 99%
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“…However, for a country level in places such as the United Kingdom, where the seasonal energy demand between winter (4.5 TWh day −1 ) and summer (1.5 TWh day −1 ) varies significantly [53], the current capacity (technical, economic and volumetric) of energy storage dictates that it cannot play an important role in reducing seasonal peak demand: as such, gas will remain as a major source of peak electricity supply and heat [54].…”
Section: Alternative Energy Mixes and The "Silver Buckshot"mentioning
confidence: 99%