Mark C. Thurber, PhDAssociate Director for Research
PESD associate director Mark Thurber argues in Bloomberg News that Argentina’s government should not expect a near-term boost in domestic fuel production from its planned re-nationalization of oil company YPF, which is majority-owned by Spain’s Repsol. Even over the longer term, national oil companies are not always effective instruments for serving government goals like increased domestic production. The timing is especially sensitive given the nascent development of Argentina’s massive unconventional hydrocarbon resources. Read more »
PESD paper helps frame conference session on Asian natural gasAnnouncement
PESD Associate Director Mark Thurber and Research Associate Joseph Chang wrote "The Policy Tightrope in Gas-Producing Countries: Stimulating Domestic Demand Without Discouraging Supply" that helped frame the discussion at the 2011 Pacific Energy Summit in Jakarta, Indonesia. The study explores and assesses the policy options that gas-rich governments can use to develop domestic gas markets, with a focus on major Asian gas-producing countries.
- » The Policy Tightrope in Gas-Producing Countries: Stimulating Domestic Demand Without Discouraging Supply
Thurber discusses how Asian countries can strike balance on gas
At the Pacific Energy Summit 2011 in Jakarta, PESD associate director Mark Thurber talked about how Asian countries can strike the right balance of encouraging domestic gas demand without deterring new supply. Thurber also moderated sessions on the design of natural gas markets in Asia and the role of gas in Indonesia’s economic growth in particular.
in the news: The Jakarta Post on February 24, 2011
In order for Indonesia to meet its increasing domestic demand for liquefied natural gas (LNG), the country (one of the largest LNG producers) is gearing up to start importing up to 4.5 million tons of LNG annually. Read more »
Nolan and Thurber identify risk as a major driver of whether countries use private or state-owned oil companies
In a new working paper, PESD affiliate Peter A. Nolan and associate director Mark Thurber find that considerations of risk help explain why oil-rich states may choose international oil companies rather than state-controlled enterprises to find and extract oil in "frontier" territories.
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