Synopses & Reviews
This book focuses on the latest developments in the Asia-Pacific community in terms of how deregulation and privatization are bringing more risk to energy companies. In the light of these market changes, interest in energy risk management has grown substantially and is becoming a fiduciary responsibility of energy companies. As energy trading, power exchanges and hedging techniques establish themselves in the oil, power and gas sectors, so then do newer derivatives markets emerge in LNG hedging, whether derivatives or freight hedging. Fusaro and James, as seasoned market practitioners in the region, focus on these market changes and examine the future of Asian energy hedging.
About the Author
Peter Fusaro is Chairman and Founder of Global Change Associates, an energy and environmental consulting firm, and adviser to many global energy companies as well as the US EPA, US DOE, State Department, World Bank, Mitsubishi Research Institute, the Institute of Energy Economics, Japan, and Japan's METI.
Tom James is Director of Traded energy market at Credit Agricole Indosuez in London. He is author of Energy Price Risk (Palgrave Macmillan, 2003).
Table of Contents
State of Energy * Trading for Oil, Gas & Power with Additional Insights into Environmental, Freight Rate and LNG * Trading Futures vs. OTC Markets in Asia * Appraisal of SGX, Tocom, IPE & NYMEX * Price Discovery and Management of Price Risk * Energy Deregulation and Its Consequences * Japanese Markets: OTC Oil Trading, Tocom and Gas/Electric * Market Developments * Korea: Oil Trading, KPX and Electricity * Market Trials * China: New Markets for Trading * India: Market Reform Comes to India * Singapore: Asia's Oil Trading Hub * Thailand: Trading Oil, Gas & Power * Malaysia: Tapis Crude and Other Products * Indonesia: LSWR and LNG * Philippines Market * Australia