Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine

There considered the trade in natural gas in four regional markets, namely the market of North America, the market of Central and South America, the market of Europe and Eurasia, and the Pacific market. The process of a global convergence of regimes of trading in natural gas is studied, and a hypoth...

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Main Authors: Skrypnyk Andrii V., Namiasenko Yurii O.
Format: Article
Language:English
Published: PH "INZHEK" 2017-09-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2017-3_0-pages-87_94.pdf
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author Skrypnyk Andrii V.
Namiasenko Yurii O.
author_facet Skrypnyk Andrii V.
Namiasenko Yurii O.
author_sort Skrypnyk Andrii V.
collection DOAJ
description There considered the trade in natural gas in four regional markets, namely the market of North America, the market of Central and South America, the market of Europe and Eurasia, and the Pacific market. The process of a global convergence of regimes of trading in natural gas is studied, and a hypothesis on the prospect of creating a world natural gas market is proposed. The hypothesis is based on reducing the dispersion of prices and increasing the share of liquefied natural gas in the total world sales of natural gas. Two optimization models are constructed: the first one relates to minimization of the transport costs on distributing the imported and domestically produced natural gas on the territory of Ukraine; the second model considers determination of the optimal structure of purchasing natural gas by Ukraine and its further distribution on the territory of the country, taking into account the prices of each supplier and the distances between the consumers and suppliers. There identified advantages for Ukraine from the possible formation of a world natural gas market, in particular improving the state of energy security and independence as well as reducing the amount of costs associated with meeting the domestic demand for natural gas.
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spelling doaj.art-694f6cc9a4304147a5898129e620bac62024-02-02T17:40:25ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862017-09-0138794Optimization of Gas Supply as a Component of the Energy Strategy of UkraineSkrypnyk Andrii V. 0Namiasenko Yurii O.1Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economic Cybernetics, National University of Life and Environmental Sciences of UkrainePostgraduate Student, Department of Economic Cybernetics, National University of Life and Environmental Sciences of UkraineThere considered the trade in natural gas in four regional markets, namely the market of North America, the market of Central and South America, the market of Europe and Eurasia, and the Pacific market. The process of a global convergence of regimes of trading in natural gas is studied, and a hypothesis on the prospect of creating a world natural gas market is proposed. The hypothesis is based on reducing the dispersion of prices and increasing the share of liquefied natural gas in the total world sales of natural gas. Two optimization models are constructed: the first one relates to minimization of the transport costs on distributing the imported and domestically produced natural gas on the territory of Ukraine; the second model considers determination of the optimal structure of purchasing natural gas by Ukraine and its further distribution on the territory of the country, taking into account the prices of each supplier and the distances between the consumers and suppliers. There identified advantages for Ukraine from the possible formation of a world natural gas market, in particular improving the state of energy security and independence as well as reducing the amount of costs associated with meeting the domestic demand for natural gas.http://www.problecon.com/export_pdf/problems-of-economy-2017-3_0-pages-87_94.pdfnatural gasworld marketoptimization and diversification of gas supply
spellingShingle Skrypnyk Andrii V.
Namiasenko Yurii O.
Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine
Problemi Ekonomiki
natural gas
world market
optimization and diversification of gas supply
title Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine
title_full Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine
title_fullStr Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine
title_full_unstemmed Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine
title_short Optimization of Gas Supply as a Component of the Energy Strategy of Ukraine
title_sort optimization of gas supply as a component of the energy strategy of ukraine
topic natural gas
world market
optimization and diversification of gas supply
url http://www.problecon.com/export_pdf/problems-of-economy-2017-3_0-pages-87_94.pdf
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AT namiasenkoyuriio optimizationofgassupplyasacomponentoftheenergystrategyofukraine