North American Natural Gas Vision
NORTH AMERICAN ENERGY WORKING GROUP WASHINGTON DC
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This report, the North American Natural Gas Vision, is a deliverable for the North American Energy Working Group NAEWG and was produced by the NAEWG Natural Gas Experts Group. The NAEWG Natural Gas Trade and Interconnections Experts Group was established in December 2001 by Canada, Mexico and the U.S., at the second meeting of the North American Energy Working Group. The scope of the Experts Group includes the full range of issues related to natural gas development, production, transportation and transmission, distribution and consumption in North America. This report is unique because it presents the views of the three governments, working in close cooperation, on the gas market now and in the future. Further, this report recognizes private sector views. In preparing this report, the NAEWG Gas Experts Group held a workshop in December 2003 to gain views on issues related to the future of the North American gas market. The report examines the increasingly important role that natural gas has played over time in the energy sectors of three countries. The report presents the restructuring and regulatory changes in all three countries that have accompanied the increase in natural gas demand and have had impacts on infrastructure development. The report details the amount of trade among the three countries. Trade in natural gas is highly developed and functions extremely efficiently in the North American market. The report looks at how provisions of the Canada-U.S. Free Trade Agreement FTA and the North American Free Trade Agreement NAFTA, along with the General Agreement on Tariffs and Trade GATT govern energy trade in North America. Both the FTA and NAFTA resulted in some important changes in the rules governing energy trade. The report builds on the idea, recognized by the three governments, that growth in natural gas use has been fueled by three key factors sustainable energy policies, technological advancement and private sector investment.
- Economics and Cost Analysis
- Government and Political Science