Finding the 'Right' Price for Exhaustible Resources: The Case of Gas in the Gulf (Chatham House)

This research paper by Chatham House examines the theory and complexity of pricing gas with the aim of highlighting key issues in developing more efficient pricing and allocation systems. Much of the discussion is also relevant to other exhaustible national resources such as groundwater. The paper is part of the Valuing Vital Resources research series and is available to download from the Chatham House website.