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- Title
LEGAL REGULATION OF THE NATURAL GAS MARKET IN NATIONAL LEGISLATION.
- Authors
SILJANOVSKA, Zorica; DJIKOSKI, Krume
- Abstract
Natural gas today is one of the most important gaseous fuels and one of the most important energy sources. Its composition is a mixture of hydrocarbons, which is dominated by methane with an amount of over 90% compared to other constituent gases, and thanks to this fact has the lowest carbon dioxide emission per unit of energy released and therefore natural gas is considered environmentally friendly fuel. According to the most common definition found in the regulations governing the natural gas market, natural gas is a mixture of hydrocarbons, in which the main component (component) is methane in the gaseous state, which is obtained from the ground in the natural state or together with liquid hydrocarbons. The natural gas market is defined as an organized way of buying and selling natural gas based on supply and demand, by applying conditions and procedures prescribed by law. With the very beginning of the use of natural gas, there is a need to organize a natural gas market and its regulation, ie legal regulation of the conditions and relations between the entities involved in this market. The current regulation of the natural gas market should enable the improvement of the conditions for all its participants.
- Subjects
NATURAL gas; NATURAL gas reserves; LIQUID hydrocarbons; SUPPLY &; demand; GAS mixtures
- Publication
Vizione, 2020, Issue 35, p215
- ISSN
1409-8962
- Publication type
Article