Tag / natural gas markets

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A new EU regulation on gas supply security has come into forcePublished: 1 of March, 2011

On 2 nd December 2010 a new EU Directive aiming to improve the security of gas supply within the community came into force [Regulation (EU) No 994/2010 of the European Parliament and of the Council of 20 October 2010 concerning measures to safeguard ...

On the justified size of strategic natural gas reservesPublished: 1 of March, 2011

The end of 2010 brought along a number of substantial regulatory changes within the gas sector, generating serious turmoil within the industry due to their foreseen impact. Of these the reduction of strategic gas reserves received possibly the least ...

The Ukrainian natural gas market after the gas crisisPublished: 1 of September, 2010

Since the January 2009 gas crisis noteworthy changes have taken place both in the Ukrainian-Russian gas trading relations and in the regulation of the Ukrainian market. In our article we review these changes, assessing their impact on domestic gas prices ...

Medium Term Gas Market OutlookPublished: 1 of June, 2010

As we approach 1 July, in Hungary great efforts are made to prepare the contracts for the new gas year. The big question for Hungarian consumers is in what manner and to what extent can they benefit this year and in the next 2-3 years from the favourable ...

Recent developments of natural gas consumption in HungaryPublished: 1 of March, 2010

In this article we describe the developments of natural gas consumption in Hungary between January 2008 and October 2009. Our analysis is mostly descriptive in its nature. We used publicly available data from Eurostat, the Hungarian Energy Office (MEH) ...

Overview of the Third Legislative PackagePublished: 1 of December, 2009

In our article we present a review of the most important aspects of the Third Package, the Community regulation which determines the functioning of the internal electricity and natural gas markets.

Impact of gas market model change on pricesPublished: 1 of September, 2009

Hungary went through a gas market model change on 1 July, at the beginning of the new gas year. Not long before this event, the government and the domestic gas wholesalers concluded an agreement on the settlement of losses accumulated in the previous ...

Hungarian gas demandPublished: 1 of June, 2009

The gas crisis in January 2009 caught the attention of the public. The domestic use of gas can be broken down to three parts from demand side: residential and communal consumption, industrial consumption and consumption for electricity and heat ...

Hungarian gas releasePublished: 1 of June, 2009

E. ON Földgáz Trade Zrt. hold its fourth yearly natural gas auction on 6 March 2009. The event is important because the natural gas sold transparently on the auction accounts for a significant proportion of the gas sold on the Hungarian free market. In ...

Prospects of the Hungarian gas storage marketPublished: 1 of June, 2009

Western Europe including Germany, Spain and the Netherlands in particular, witnessed a considerable wave in gas storage construction in the recent years. Investment decisions were backed by the assumption of an increasing gas demand and the growing role ...