The spread of liquefied natural gas (LNG) technology continues in the natural gas markets. High mobility and relatively easy use of LNG create great potential for the globalization of the gas market and the formation of a single price zone comparable to the world oil market. The purpose of the study is to determine the degree of convergence of the gas market and assess the prospects for gas globalization. A comparative historical analysis of prices on the gas market is carried out and scientific and practical literature on this topic is analyzed. The study is based on an analysis of the most appropriate price standards for the three main gas markets (Europe, Asia, USA) and assumes the author's assessment of the development potential of the global gas market. On the one hand, the authors show a relatively high correlation between LNG prices in the world, on the other hand, LNG supplies are not the only form of gas supply. It also highlights the regional specifics of pricing.
Translated title of the contributionASSESSMENT OF TRENDS IN THE INTEGRATION OF REGIONAL NATURAL GAS MARKETS INTO A SINGLE WORLD MARKET
Original languageRussian
Title of host publication ПЯТЫЙ МЕЖДУНАРОДНЫЙ ЭКОНОМИЧЕСКИЙ СИМПОЗИУМ - 2021
Subtitle of host publicationМатериалы международных научных конференций: VIII Международной научно-практической конференции памяти профессора В.Т. Рязанова, Международной научной конференции по бухгалтерскому учету и финансовому анализу памяти профессора В.В. Ковалева, XVIII Международной конференции, посвященной 120-летию со дня рождения профессора С.И. Тюльпанова, XXVII Международной научно-практической конференции
Place of PublicationСанкт-Петербург
PublisherСкифия-принт
Pages401-404
ISBN (Print)978-5-00197-009-5
StatePublished - 2021
EventV МЕЖДУНАРОДНЫЙ ЭКОНОМИЧЕСКИЙ СИМПОЗИУМ - 2021.
: МЕЖДУНАРОДНАЯ НАУЧНАЯ КОНФЕРЕНЦИЯ ПО БУХГАЛТЕРСКОМУ УЧЕТУ И ФИНАНСОВОМУ АНАЛИЗУ ПАМЯТИ ПРОФЕССОРА В.В. КОВАЛЕВА
- СПбГУ, Санкт-Петербург, Russian Federation
Duration: 14 Apr 202116 Apr 2021
Conference number: V

Conference

ConferenceV МЕЖДУНАРОДНЫЙ ЭКОНОМИЧЕСКИЙ СИМПОЗИУМ - 2021.
Country/TerritoryRussian Federation
CityСанкт-Петербург
Period14/04/2116/04/21

    Scopus subject areas

  • Economics, Econometrics and Finance(all)

ID: 86609975