European Gas 


Natural gas plays a vital market role in the economy of each country of the European Union and is believed by many to be the most important energy source for the future. European Union through European Commission established common rules for all Member States, creating a well regulated market that has the main purpose to be an efficient market, without abuses and manipulation on energy prices, with a very good infrastructure and secure sources of supply.

In this context all Member States of the European Union must adhere to the values of a new energy market which has very clear established rules. The modernization process of the European energy market started before 1995, followed by the first liberalisation directives (First Energy Package) adopted in 1996 for the electricity and in 1998 for gas.

The hard work of the European Commission (including all the energy packages), agency ACER (established in 2009), non-profit associations like ENTSO-G (European Network of Transmission System Operators for Gas) and ENTSO-E (European Network of Transmission System Operators for Electricity, both established in 2009) they upgraded the European energy market to a whole new level creating a unique and more functional energy market.

Natural gas can also play an important role in meeting peak electricity demand and fueling cogeneration plants that generate both heat and power-which are up to twice as efficient as plants that only generate electricity highly efficient technologies that provide both heat and power in the commercial and industrial sectors.

However, natural gas is buy no means a panacea for the environmental problems caused by our energy use. There is broad agreement among climate scientists that carbon reductions of at least 80 percent by 2050 will be needed to avert the worst effects of climate change. Simply switching to natural gas from coal and oil will not ultimately bring about the necessary reductions. In addition, the development of our newly discovered shale gas resource will disturb areas previously untouched by oil and gas exploration and raise serious water management and quality challenges. Source

International Energy Forum

The International Energy Forum (IEF) aims to foster greater mutual understanding and awareness of common energy interests among its members. The 72 Member Countries of the Forum are signatories to the IEF Charter, which outlines the framework of the global energy... read more

Energy Charter

The roots of the Energy Charter date back to a political initiative launched in Europe in the early 1990s, at a time when the end of the Cold War offered an unprecedented opportunity to overcome previous economic divisions. Nowhere were the prospects for mutually... read more

International Energy Agency

Founded in 1974, the IEA was initially designed to help countries co-ordinate a collective response to major disruptions in the supply of oil, such as the crisis of 1973/4. While this remains a key aspect of its work, the IEA has evolved and expanded significantly.... read more

Can Norway be a secure source of energy for Europe ?

  According to Minister of Petroleum and Energy Mr. Tord Lien, Norwegian gas accounts for about a quarter of the gas consumption in the EU. New projections show that Norway will be able to supply flexible and reliable gas for many decades, gas that offers an... read more

Consumption of energy in EU

In tandem with supply-side policies, European Union has launched a number of initiatives which aim to increase the efficiency of energy use, reduce energy demand and attempt to decouple it from economic growth. Several instruments and implementing measures exist in... read more

Natural gas consumption

Comprises monthly cumulated data on natural gas in the European Union (EU) for the years 2013 and 2014, as well as evolution trends. It covers all aspects of the supply side – primary production, imports and exports, stock changes, gross inland consumption... read more

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