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European Natural Gas Demand Supply &#38; Pricing: cycles seasons and the impact of LNG price arbitrage / Anouk Honoré. Oxford Institute for Energy Studies. Oxford University Press, December 2010. ISBN 978-0-19-922653-5. £50.00Despite  general pessimism in the wake of the recession European gas demand is  expected to increase to 635 bcm (0.6 percent per year) by 2020 driven  mostly by the construction of new gas-fired power plants but with major  differences between national markets sectors of consumption and period  of recovery. Anouk Honoré’s study is the first academic book on European  gas demand and supply for many years finds that demand was close to  Take-or-Pay (TOP) levels of contracted pipeline gas in 2010 but this  tightness should relax in 2011. Contracted gas including LNG supplies  are sufficient to meet demand until 2014 but in the second half of the  decade Europe will need to secure additional gas in what seems likely to  be a highly uncertain environment for world gas supply. (© OIES)For more details on the book and how to order please go to: http://www.oxfordenergy.org/bookdetails.php?oies36