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Natural Gas and the Dynamics OF THE ENERGY MARKET – Eastern Europe

Author

Listed:
  • Nadya Parpulova
  • Vladimir Zinoviev

Abstract

The paper looks into natural gas as a factor influencing the dynamics of the energy market in Eastern Europe. The energy market as such is in fact the correlation between various interrelated markets which have different effects on the final consumers’ prices and on the inflation. The Eastern European energy market is currently one of the fastest-growing energy markets. It consists of resource-rich and transit countries (Belarus, Bulgaria, Czech Republic, Hungary, Poland, Moldova, Romania, Russia, Slovakia and Ukraine) with a population of roughly 291 million people, that contributes significantly to the world’s energy consumption and security. The dynamics of this market depend on the new infrastructure for transiting and storing natural gas as well as the big undergoing investments in renewable energy infrastructure.

Suggested Citation

  • Nadya Parpulova & Vladimir Zinoviev, 2024. "Natural Gas and the Dynamics OF THE ENERGY MARKET – Eastern Europe," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 179-200.
    • Handle: RePEc:bas:econst:y:2024:i:4:p:179-200
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    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2024/2024-4/12_Vladimir%20Zinoviev.pdf
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    More about this item

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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