Tag Archives: CK Chyong

EPRG is pleased to announce our successful 2022 EPRG & CEEPR International Energy Policy Conference “Strategies for 2050 Carbon Neutrality in East Asia” Seoul, 2022

PROGRAMME Monday, 27 June 2022 Welcome and AnnouncementsChristopher R. Knittel (MIT)Michael Pollitt (EPRG)Yong Tae Yoon (SNU) KEYNOTE SPEECHPresident & CEO Seung-Il Cheong (KEPCO) KEYNOTE SPEECHCEO & Chairman Dong Hee Jung (KPX) NET-ZERO SCENARIOS OF MAJOR COUNTRIESChaired by David Reiner (EPRG) Kamiar Mohaddes (EPRG) (virtually)Sergey Paltsev (MIT)Jiyong Eom (KAIST) RESTRUCTURING AND REGULATING THE POWER INDUSTRY FOR… Continue Reading

Journal Article “Market Power and Long-term Gas Contracts: The Case of Gazprom in Central and Eastern European Gas Markets”, The Energy Journal, Vol. 44, Number 1, 2022

Chi Kong Chyong, David M Reiner, Dhruvak Aggarwal Market Power and Long-term Gas Contracts: The Case of Gazprom in Central and Eastern European Gas Markets The Energy Journal, Volume 44, Number 1, 2022 Also Published as EPRG WP 2115 Continue Reading

Op-ed “Russian gas will fund Putin’s war on Ukraine no matter what decisions Europeans might take” by CK Kong

Chi Kong Chyong published an article “Russian gas will fund Putin’s war on Ukraine no matter what decisions Europeans might take” in which he discusses the implications of the Russian invasion of Ukraine. It was published on 8 March 2022 on University of Cambridge website You can read the article here Continue Reading

Comment “Will The Market Delivery Security of Gas Supply? The Case of the UK and Italy” by C.K.Chyong

  A comment by Chi Kong Chyong regarding the recent price hike in the UK and Europe due to gas supply shortages “Having a market-based solution to a security of supply event, such as the recent one, means that the cost of meeting these unexpected events is as low as possible, while the price for… Continue Reading

A Review of Gas Security of Supply within Great Britain’s Gas Market – From the Present to 2035

The UK government has published its strategic assessment and review of GB’s Gas security of supply based on a detailed analysis by CEPA using EPRG’s gas market models. Dr Chi Kong Chyong, EPRG Research Associate & Director of Energy Policy Forum, led the modelling work for this review. A summary of this strategic assessment and… Continue Reading

C.K. Chyong quoted in PenzaNews Agency

Chi Kong Chyong was quoted in the article “US anti-Russia sanctions may have negative impact on European energy security” in PenzaNews Agency on 4 August 2017. “While the exporters of gas – Russia and USA – are looking for more customers in the oversupplied market environment, European energy security is at odds: European gas markets are… Continue Reading

Presentation “How ‘Integrated’ is an Integrated Oil and Gas Company (IOC)? Understanding how and why IOCs pursue alternative business models in global natural gas markets” by D. Reiner

David Reiner gave a presentation “How ‘Integrated’ is an Integrated Oil and Gas Company (IOC)?  Understanding how and why IOCs pursue alternative business models in global natural gas markets” at the Annual International IAEE Conference in Singapore on 19 June 2017 | PDF Continue Reading

Presentation “An Assessment of Gazprom’s Proposed Commitments Concerning Central and Eastern European Gas Markets” by C.K. Chyong

Chi Kong Chyong gave a presentation “An Assessment of Gazprom’s Proposed Commitments Concerning Central and Eastern European Gas Markets” during the meeting of International Energy Unit and Strategic and International Analysis, BEIS, in London on 8 June 2017 | PDF   Continue Reading

Book Chapter “On the Future of Global LNG Trade and Geopolitics” by C.K. Chyong

C.K. Chyong published a book chapter “On the Future of Global LNG Trade and Geopolitics’ in the book ‘The Future of Natural Gas – Markets and Geopolitics’, editors Silvia Colombo, Mohamed El Harrak and Nicolo Sartory (2016). The chapter focuses on the emergence of LNG as one of the fastest growing international traded commodities and on its potential… Continue Reading

Op-ed “Consequences of Gazprom’s commitments on Central and Eastern European gas markets” by C. K. Chyong

Chi Kong Chyong published an article “Consequences of Gazprom’s commitments on Central and Eastern European gas markets” on Euractiv website on 11 May 2017. ‘Brussels must look deeper into whether its current regulatory system can provide energy security and fair competition across European gas markets, writes Chi-Kong Chyong‘ The full text can be found here Continue Reading

C.K. Chyong submission to DG COMP regarding Gazprom commitments concerning Central and Eastern European gas markets

Dr Chyong submitted his comment to the European Commission, Directorate General for Competition in response to the antitrust case AT.39816 — Upstream gas supplies in central and eastern Europe. The full text can be found here. Further details of the DG COMP’s Antitrust case inquiry can be found here. Continue Reading

Op-ed “Nord Stream: The Sequel” by C.K. Chyong and D. Reiner

Chi Kong Chyong and David Reiner published an article “Nord Stream: The Sequel” on 12 August 2015 in EUobserver, an independent online newspaper covering EU affairs and based in Brussels.  “The proposal to expand Nord Stream comes amid difficult negotiations on Turkish Stream, which, in December, replaced South Stream as the main transit proposal for… Continue Reading

D. Reiner and C. K. Chyong quoted in “Nord Stream 2 Expansion to Face Political Hurdles”, Interfax Energy, 7 August 2015

David Reiner and Chi Kong Chyong were quoted in an article “Nord Stream 2 Expansion to Face Political Hurdles“, published by Annemarie Botzki on Interfax Energy website on 7 August 2015. “Nord Stream 2 would be cheaper because it is closer to the new Russian production base in Yamal, which would lower the cost of shipping gas to… Continue Reading

Op-ed “Russia’s Gas Pipeline Strategy and Europe’s Alternatives” by C. K. Chyong

Chi Kong Chyong published an article “Russia’s Gas Pipeline Strategy and Europe’s Alternatives” on EurActiv.com – the leading online media on EU affaires, on July 3, 2015. “Strained relationships between EU and Russia due to the Ukrainian conflict forced Gazprom, Russia’s state gas monopolist, to abandon the idea of controlling pipelines “from wellhead to burner tip”. Gazprom’s new… Continue Reading

C.K. Chyong quoted in “Deeper Reforms Needed for Ukrainian Gas Market”, 12 June 2015

C. K. Chyong was quoted in an article “Deeper reforms needed for Ukrainian gas market” published in ICIS website newsletter – the world largest petrochemical market information provider that covers Energy among other subjects.   “The Ukraine’s new gas market law will have little impact on the transparency and efficiency of the country’s gas sector if… Continue Reading

C.K. Chyong quoted in “EU Importing More Russian Gas Ahead Of Winter “, Montel, 16 April 2015

Chi Kong Chyong was quoted in an article on Montel website – key information provider for the European energy markets in Norway, –  on reasons behind increasing purchases of Russian gas by European Union. “European buyers are playing “intertemporal arbitrage” whereby they dry up gas in their storage facilities and re-inject them when Russian gas prices are lower in… Continue Reading

C. K. Chyong quoted in “Never Ending Story Of Opportunities: Caspian Blue Energy Is Salvation For EU”, Eurasia Review, 20 April 2015

Chi Kong Chyong was quoted in Eurasia Review, an independent on-line journal and think tank, on possibilities and challenges for Caspian countries, like Azerbaijan, Turkmenistan, Uzbekistan, and Iran, to be gas suppliers to the EU. The article also appeared in AzerNews and New Europe. “Azerbaijan is perhaps the only supplier in the region able to respond to the EU’s gas… Continue Reading

C.K. Chyong quoted in “Turkish Stream Project Success Promises Benefits, Profits To Many South-Eastern EU States”, PenzaNews, 10 April 2015

Chi Kong Chyong was quoted in PenzaNews, an independent on-line news agency in Penza, Russia, on possible perspectives and benefits for Europe by using different gas suppliers, and on the outcomes if Turkish Stream is built in full. “Co-existence between the two (gas suppliers from Russia and Azerbaijan) is not an issue, at least for Europe as the clients… Continue Reading

Op-ed “Time for ‘tough love’ in EU-Ukraine energy relations” by C.K. Chyong and D. Reiner

CK Chyong and D. Reiner published an article “Time for ‘tough love’ in EU-Ukraine energy relations” in Europe’s World policy journal. Published every 4 months, Europe’s World is the only independent Europe-wide policy journal, produced in association with some 150-plus leading European think tanks and academic institutions. “If the EU is too forgiving in its… Continue Reading

C.K. Chyong quoted in “How’s European Gas Race Going?”, AzerNews, 17 March 2015

Chi Kong Chyong was quoted in AzerNews, daily newspaper in Azerbaijan, on his perception about different suppliers of gas to Europe, including Caspian Region, as a solution to EU energy problem due to the crisis in Ukraine. “The Turkish Stream is as about bypassing Ukraine as it is about foreclosing competition from Caspian gas, particular coming from Azerbaijan and… Continue Reading

Presentation “Strategic Eurasian Natural Gas Market Model for Energy Security and Policy Analysis: Application to South Stream investment and Ukraine’s gas diversification policy” by Chi Kong Chyong and Benjamin Hobbs

Chi Kong Chyong & Benjamin Hobbs gave a presentation on “Strategic Eurasian Natural Gas Market Model for Energy Security and Policy Analysis: Application to South Stream investment and Ukraine’s gas diversification policy” at the INFORMS Annual Meeting, San Francisco, USA (9 November 2014) | PDF Continue Reading