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Natural Gas Transportation:Organisation and Regulation
Transporating natural gas is difficult and expensive. Nevertheless, as worldwide demand for gas expands, supplies from more remote sources will have to be transported across ever greater distances. At the same time, moves to introduce more competition and easier access to transport facilities are focusing attention on efficient ways of organising and regulating the transportation and storage of gas.rnThis new International Energy Agency study looks at gas transportation in detail. It gives an overview of the economic significance of gas transportation and describes the ways gas transportation and storage are organised and regulated in IEA member countries and eastern and central Europe. The report also analyses the main gas transportation and storage issues under debate in IEA countries.rnThe last major publication on natural gas from the IEA, Natural Gas Prospects and Policies published in 1991, suggested that the 1990s might become the decade of natural gas. the share of gas in the OECD countries primary energy supply has indeed increased since then, and recent forecasts by the IEA indicate that natural gas consumption will continue its strong growth into the 21st century.rnHowever, it has a number of challenges to overcome in doing so. New gas supplies will have to come from increasingly difficult and remote, and transporting them to market will be costly. Strong sompetition - not only from other fuels such as coal and oil, but increasingly in the form of gas-to-gas competition - will create pressure to keep costs down. There will be growing emphasis on the importance of gas transportation and its role in determining the security and competitiveness of gas supply.rnNatural Gas Transportation - Organisation and Regulation looks at the role of transportation in today's gas markets. It gives a description of how gas transportation is organised and regulated in the three OECD regions. It discusses attempts to introduce competition in gas markets and their effects on the transportation part of the gas chain. Against the background of increasing gas import dependence in key regions it analyses issues pertaining to the transit of gas through thrid countries. It also deals with principles for the setting of transportation tariffs, which have an important role to play in promoting efficiency in this sector.rnThe recent emergence of new political regimes in the countries of Central and Eastern Europe and the growing interdependence of their gas markets and those in OECD Europe, are reflected in individual annexes analysing nine countries in Eastern and Central Europe, as well as all the countries of the OECD itself.rn
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