The Price Elasticity of Natural Gas Demand in China: A Meta-Regression Analysis

Chai, Jian; Shi, Huiting; Zhou, Xiaoyang; Wang, Shouyang

doi:10.3390/en11123255

Cited by 5 publications

(6 citation statements)

References 17 publications

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“…Khan [47] investigated the short and long-run dynamics of natural demand in Pakistan by using a sectoral model based on an OLS estimator. Chai et al [51] analyzed the empirical studies on price elasticities of natural gas demand in different studies using fixed effects and ordinary least square models. Burke and…”

Section: Applied Areas and Methodological Approachesmentioning

confidence: 99%

“…In 2018, Ota et al [49] studied empirically the demographic impacts on electricity and natural gas consumption in the residential sector in 45 prefectures in Japan between 1990 and 2010, Gautam and Paudel [50] Zhang et al [16] analyzed the demand for natural gas by investigating the long-run price and income elasticities in various sectors in China using an Autoregressive Distributed Lag (ARDL) model. Chai et al [51] performed a met-regression analysis on previous studies on estimating price elasticities of natural gas to set up a benchmark value of elasticities, Zeng et al [52] investigated the response of natural gas consumption to a price change in the household sector and analyzed the mean factors impacting the demand for natural gas in China. Malzi et al [53] investigated residential natural gas demand in OECD countries by analyzing the main factors influencing natural gas consumption in these countries, including price, income, urbanization and demographic factors.…”

Section: Overview Of the Literaturementioning

confidence: 99%

“…Demand is more elastic for rising prices but inelastic for falling prices. Chai et al [51] revealed that natural gas demand increases with the decrease of the price in the short run and the increase of the price in the long run. Meier and Rehdanz [37] showed that renters and owner-occupied have a different reaction toward changes in price and income.…”

Section: Price Elasticitiesmentioning

confidence: 99%

See 2 more Smart Citations

Economic, environment and demographic elasticities of natural gas demand: A review

Malzi

2024

RMd

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This paper conducts a comprehensive review of various estimates for natural gas demand responses. We consider a stream of empirical studies that have been conducted after 1950. The purpose of this paper is to provide the full image, synthesize and analyze the published studies in this field from the first experimental study to the beginning of 2019. In this study, we discuss the methods and techniques used, the application area, the variables, and data sources and data size. Most studies have investigated price and income elasticities; many fewer have focused upon demographic variables. This work will be of significant importance for future researchers aiming to analyze the demand for natural gas.

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Section: Applied Areas and Methodological Approachesmentioning

confidence: 99%

Section: Overview Of the Literaturementioning

confidence: 99%

Section: Price Elasticitiesmentioning

confidence: 99%

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Economic, environment and demographic elasticities of natural gas demand: A review

Malzi

2024

RMd

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“…Moreover, OP may affect the energy use and pollution of the countries. Some literature has examined the role of OP on the energy demand and pollution variables [48][49][50][51][52][53][54][55][56][57][58][59].…”

Section: Introductionmentioning

confidence: 99%

Oil Price and Energy Depletion Nexus in GCC Countries: Asymmetry Analyses

Alkhateeb

Mahmood

2020

Energies

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Oil price has played a prominent role in oil exporter economies and may also affect energy depletion in oil-dependent countries. Considering asymmetry, the relationship between oil price (OP) and energy depletion has been investigated in the Gulf Cooperation Council (GCC) region from 1970 to 2017. We find asymmetrical positive effects of OP on the energy depletion in the panel of the GCC region. To avoid aggregation biasness in the panel estimates, we also conduct a time-series analysis on each GCC country. We find a positive impact of increasing OP on the energy depletion in six GCC countries, and this effect is found to be elastic in the case of all countries except for Kuwait. Positive effects of decreasing OP on the depletion are also found in all the GCC countries, and these effects are found to be elastic or unit elastic in the case of all countries except Saudi Arabia. Asymmetry in the relationship of oil price and energy depletion is established for Bahrain, Kuwait, and Saudi Arabia in terms of the different magnitude of effects.

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“…Gas reservoirs are playing a significant rule in the energy supply due to its abundance, low price, and low emission of greenhouse gases compared to crude oil [1]. Natural gas reservoirs are classified into wet gas, dry gas, or retrograde gas condensate; based on the reservoir conditions and hydrocarbon composition.…”

Section: Introductionmentioning

confidence: 99%

Mitigation of Condensate Banking Using Thermochemical Treatment: Experimental and Analytical Study

et al. 2019

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Condensate banking is a common problem in tight gas reservoirs because it diminishes the gas relative permeability and reduces the gas production rate significantly. CO2 injection is a common and very effective solution to mitigate the condensate damage around the borehole in tight gas reservoirs. The problem with CO2 injection is that it is a temporary solution and has to be repeated frequently in the field in addition to the supply limitations of CO2 in some areas. In addition, the infrastructure required at the surface to handle CO2 injection makes it expensive to apply CO2 injection for condensate removal. In this paper, a new permanent technique is introduced to remove the condensate by using a thermochemical technique. Two chemicals will be used to generate in situ CO2, nitrogen, steam, heat, and pressure. The reaction of the two chemicals downhole can be triggered either by the reservoir temperature or a chemical activator. Two chemicals will start reacting and produce all the mentioned reaction products after 24 h of mixing and injection. In addition, the reaction can be triggered by a chemical activator and this will shorten the time of reaction. Coreflooding experiments were carried out using actual condensate samples from one of the gas fields. Tight sandstone cores of 0.9 mD permeability were used. The results of this study showed that the thermochemical reaction products removed the condensate and reduced its viscosity due to the high temperature and the generated gases. The novelty in this paper is the creation of micro-fractures in the tight rock sample due to the in-situ generation of heat and pressure. These micro-fractures reduced the capillary forces that hold the condensate and enhanced the rock relative permeability. The creation of micro-fractures and in turn the reduction of the capillary forces can be considered as permanent condensate removal.

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The Price Elasticity of Natural Gas Demand in China: A Meta-Regression Analysis

Cited by 5 publications

References 17 publications

Economic, environment and demographic elasticities of natural gas demand: A review

Economic, environment and demographic elasticities of natural gas demand: A review

Oil Price and Energy Depletion Nexus in GCC Countries: Asymmetry Analyses

Mitigation of Condensate Banking Using Thermochemical Treatment: Experimental and Analytical Study

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