This great "how to" book covers the various mechanics of natural gas trading, including the physical (cash) market for natural gas production, transportation, distribution, and consumption. The heart of the text is the definition and demonstration of financial trading tools and techniques. It closes with discussion of more complex structures of trading and the author’s philosophy on how a risk management department should function within a natural gas trading company.
Contents:
The physical (cash) market
The financial market
Structured transactions
Hedging and trading instruments
Building a risk management model