IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-47925-0_30.html
   My bibliography  Save this book chapter

Characterization of the Main Changes in the Natural Gas Market in Romania on the Context of Current Energy Crisis

In: Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making

Author

Listed:
  • Alexandru Isaic-Maniu

    (Centre for Industry and Services Economics, “Costin C. Kiritescu” National Institute for Economic Research, Romanian Academy)

  • Stelian Stancu

    (Centre for Industry and Services Economics, “Costin C. Kiritescu” National Institute for Economic Research, Romanian Academy
    Informatics and Economic Cybernetics Department, Bucharest University of Economic Studies)

  • Constanţa-Nicoleta Bodea

    (Centre for Industry and Services Economics, “Costin C. Kiritescu” National Institute for Economic Research, Romanian Academy
    Informatics and Economic Cybernetics Department, Bucharest University of Economic Studies)

  • Mihai Sabin Muscalu

    (Centre for Industry and Services Economics, “Costin C. Kiritescu” National Institute for Economic Research, Romanian Academy)

  • Denisa Elena Bălă

    (Bucharest University of Economic Studies)

Abstract

The current studies on the European Union natural gas market highlight the high demand for natural gas, despite efforts to achieve the transition to a low-carbon energy system. At the same time, world natural gas production is still dominated by countries from the Middle East region, the Russian Federation, and the USA. The article presents the main results of statistical research aimed at changes on the natural gas market in Romania, highlighting the impact of the COVID-19 pandemic and presenting some initiatives to reduce dependence, especially on natural gas supplies from the Russian Federation. The natural gas market in Romania is analyzed from the perspective of natural gas demand, natural gas import and export, domestic production, infrastructure, and price evolution. Also, the impact of the changes on the world natural gas market on the Romanian economy was evaluated and recommendations were formulated for the implementation of measures to mitigate the negative effects of the increase in natural gas prices on the evolution of macroeconomic indicators, under the conditions of harmonization with European Union policies in the field.

Suggested Citation

  • Alexandru Isaic-Maniu & Stelian Stancu & Constanţa-Nicoleta Bodea & Mihai Sabin Muscalu & Denisa Elena Bălă, 2024. "Characterization of the Main Changes in the Natural Gas Market in Romania on the Context of Current Energy Crisis," Springer Proceedings in Business and Economics, in: Luminita Chivu & Valeriu Ioan-Franc & George Georgescu & Ignacio De Los Ríos Carmenado & Jean Vasile (ed.), Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making, chapter 0, pages 367-377, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-47925-0_30
    DOI: 10.1007/978-3-031-47925-0_30
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-031-47925-0_30. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.