An Overview of the European Union Legislation Regarding the Natural Gas Market

Author:

Grasu Stelian1,Popp Ruxandra Mădălina2

Affiliation:

1. 1 Bucharest University of Economic Studies , Bucharest , Romania

2. 2 Bucharest University of Economic Studies , Bucharest , Romania

Abstract

Abstract This article aims to review the present EU regulation regarding natural gas markets and to see steps which have been made towards regulation of a UE common market of natural gas. Consequences of liberalization of price will be reviewed and lack of supply caused by Ukrainian – Russian War. The paper is also analyzing the different stages of the liberalization processes of the Gas Market and the benefits brought to the final consumers and to the industry.

Publisher

Walter de Gruyter GmbH

Subject

General Earth and Planetary Sciences,General Environmental Science

Reference27 articles.

1. Andersen, S. S., & Sitter, N. (2009). The European Union gas market: Differentiated integration and fuzzy liberalization. Political economy of energy in Europe, 63-84.

2. Bernstein, P., Tuladhar, S. D., & Yuan, M. (2016). Economics of US natural gas exports: Should regulators limit US LNG exports? Energy Economics, 60, 427-437.

3. Busu, M. (2020). An Analysis of the Concentration Degree of the Natural Gas Sector in Romania. In 7th SWS International Scientific Conference on Social Sciences ISCSS 2020 (pp. 181-188).

4. Cerović, L., Donadić, M., & Galović, T. (2009). Liberalization of EU gas sector: impacts and perspectives for future development. Poslovna izvrsnost, 3(1), 77-93.

5. Dincă, V. M., Bogdan, A., Vasiliu, C., & Zamfir, F. (2021). The Influence of Romanian Mobile Commerce Companies on Developing Green Innovation. Sustainability, 13(18), 10075.

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