TRENDS ON THE MARKET OF NATURAL GAS IN AN INTERNATIONAL PLAN

Mariana Vergieva

Abstract


The dynamics of the price of natural gas affects almost all the final prices of goods and services, which is why it is also important to know the trends that are observed in its market. The present study focuses on some of the leading international gas market trends, focusing on natural gas consumption as it defines the demand for this raw material and hence its price. The conclusions of the study are the result of qualitative and quantitative analysis of facts and data on the natural gas market. The main conclusion reached is that gas consumption is growing internationally, and Bulgaria is among the countries with the smallest share of gas in its energy mix.

Keywords


natural gas, natural gas market, natural gas price, consumption

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References


National Statistical Institute of the Republic of Bulgaria: http://www.nsi.bg/bg/content

An Energy Policy For Europe – Communication from the Commission to the European Council and the European Parliament, COM (2017) 1 final, (SEC (2017) 12), Brussels. Published 10 Jan 2017, accessed

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International Energy Agency, https://www.iea.org/statistics/

Piebalgs, 2016; Read, 2016

Saryusz-Wolski, Published 10 Oct. 2017


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New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria - contract № КП-06-НП1/5 of 17.12.2019 in the competition of Bulgarian scientific periodicals – 2019

New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

The contents of this publication do not necessarily reflect the position or opinion of the National Science Fund of the Republic of Bulgaria. The opinions expressed are those of the author(s) only and should not be considered as representative of the National Science Fund’s official position.

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