The objective of the study is to investigate and evaluate where possible the development of a commercial structure in the natural gas storage industry in the context or energy market reforms, and to derive policy implications for the natural gas industry in the APEC region.

• Foreword
• Acknowledgements
• Executive Summary
• Introduction
• What is Gas Storage?
• Natural Gas Business Structure in Selected Economies
• Theory of Peak-Load Pricing and Optimal Plant Mix
• Development of Commercial Structure around Gas Storage
• Some Policy Issues
• Conclusions
• References
• Annexes