Abstract
New elements in the global energy scene - climatic changes and environmental degradation - have appeared recently which demand revision of old concepts and policies in energy systems development. Natural gas could satisfy many of today's requirements. Several scenarios for world natural gas markets differentiated by region (North America, Western Europe and Japan), crude oil price projections, the behaviours of potential natural gas exporters and the strategies adopted by importers are considered. On the basis of detailed energy demand projections natural gas price–demand prospects for three world markets until 2020 are obtained and discussed. Conclusions about the effectiveness of further natural gas trade expansion are formulated, and some new possibilities for Soviet natural gas exports to the West as well as to the East are demonstrated.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
