Gas-phase refrigeration: A promising alternative to the conventional refrigeration processes for LNG

Nipen Mahendrakumar Shah, Andrew Forbes Alexander Hoadley, Gade Pandu Rangaiah

Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Researchpeer-review

Abstract

This book presents new information on OPEC in the 21st century, oil prices and liquefied natural gas. An analysis of selected methodologies and applications in the oil exploration industry is included. The study of the interactive nature of activities between financial and petroleum markets, the dynamic behaviour of oil price volatility and the linkages between the prices of oil futures on different exchanges are also discussed. An theoretical analysis is made on the impact of a rise in the world price of oil on inflation, output, employment and welfare in a small open economy. The relationship between the volatility of oil products and other products indirectly dependent on oil is also considered. This book presents a generalisation of cartel models by incorporating both world demand and supply conditions into OPEC pricing. Furthermore, potential effects of an ad valorem tariff, non-cartel output, and alternative fuels on OPEC S behaviour are investigated. Output growth and oil consumption in China are also explored.
Original languageEnglish
Title of host publicationOPEC, Oil Prices and LNG (Energy Policies, Politics and Prices)
EditorsEdward R Pitt, Christopher N Leung
Place of PublicationNew York
PublisherNova Science Publishers
Pages443 - 468
Number of pages26
ISBN (Print)9781606928974
Publication statusPublished - 2009

Cite this

Shah, N. M., Hoadley, A. F. A., & Rangaiah, G. P. (2009). Gas-phase refrigeration: A promising alternative to the conventional refrigeration processes for LNG. In E. R. Pitt, & C. N. Leung (Eds.), OPEC, Oil Prices and LNG (Energy Policies, Politics and Prices) (pp. 443 - 468). Nova Science Publishers.