Abstract

The article assesses the foreign countries experience in formation of the energy market and the basics of managing the development of gas supply systems. The creation of a system in order to provide access to gas transport services for gas consumers, gas producers and its suppliers, as well as the creation of favorable conditions for investment is a significant stage in the implementation of effective market transformations. One of the fundamental points for carrying out the reforms in gas industry in the market conditions should be the arrangement of trade system for reserved capacities. The positive results of the reform include: reduction or stabilization of prices for end-users, diversification of gas supply sources, improvement of the gas supply reliability.

Highlights

  • The instability of world oil prices, the drop of investments in energy market, the backlog of gas reserves growth from production volumes, the degradation of key assets, have a negative impact on the energy market and on the development of gas supply systems in Russia [1,2,3,4,5]

  • It seems relevant to conduct an analysis of foreign experience in energy market formation and mechanisms for managing the development of gas supply systems

  • Since traditionally national governments are responsible for the reliability of energy supply, it is the State that has a significant influence on creating conditions for the formation of an energy market and for the formation of an economic mechanism for managing the elaboration of gas supply systems in most developed countries [10], [11]

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Summary

Introduction

The instability of world oil prices, the drop of investments in energy market, the backlog of gas reserves growth from production volumes, the degradation of key assets, have a negative impact on the energy market and on the development of gas supply systems in Russia [1,2,3,4,5]. In this regard, it seems relevant to conduct an analysis of foreign experience in energy market formation and mechanisms for managing the development of gas supply systems.

Key trends in the formation of energy markets
Analysis of the key directions to develop the competitive gas market
Results
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