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Coordinates of Romanian Natural Gas Market

Author

Listed:
  • Micu Adrian

    (“Dunãrea de Jos” University of Galaþi)

  • Micu Angela Eliza

    (“Dunãrea de Jos” University of Galaþi)

Abstract

This work paper analyses Romania’s natural gas market. We have analyzed the demand, supply and price elements, taking into consideration also the import price of the natural gas. Trying to identify the concentration level of the market, we have used the Herfindahl-Hirschman Index (HHI). Calculating HHI for the Romanian gas market, we have found a high market concentration. Analyzing statistic data we have also found that Romania has the lowest gas price in the European Union.

Suggested Citation

  • Micu Adrian & Micu Angela Eliza, 2011. "Coordinates of Romanian Natural Gas Market," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 763-769, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:763-769
    as

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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/volum2011p2.pdf
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    More about this item

    Keywords

    natural gas; Herfindahl- Hirschman index; market; price.;
    All these keywords.

    JEL classification:

    • P42 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Productive Enterprises; Factor and Product Markets; Prices

    Statistics

    Access and download statistics

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