The Future of the Natural Gas Market in Southeast Europe
The Future of the Natural Gas Market in Southeast Europe analyzes the role of natural gas in the energy mix to meet future demand in nine markets in the region: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Montenegro, Roma...
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| Format: | Publication |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100723011753 http://hdl.handle.net/10986/2486 |
| Summary: | The Future of the Natural Gas Market in
Southeast Europe analyzes the role of natural gas in the
energy mix to meet future demand in nine markets in the
region: Albania, Bosnia and Herzegovina, Bulgaria, Croatia,
Kosovo, Macedonia, Montenegro, Romania, and Serbia. These
markets are all signatories of the Athens Memoranda of 2002
and 2003, which commit the participants to regional
cooperation in electricity and gas. Most countries heavily
rely on solid fuels (such as wood and coal) or electricity
(that is generated from thermal power) to meet domestic
energy needs. Natural gas markets are underdeveloped or do
not exist. This study identifies regional, cross-border, and
country-specific gas infrastructure projects that are
economically, financially, and technically sound. It makes
proposals for the institutional and policy issues related to
funding and implementing gas infrastructure projects. This
study also examines sources of gas supply from Russia, the
Caspian region, and other current and prospective producer
countries through Turkey and other transit routes (including
liquefied natural gas) and it assesses costs of supply and
gasification prospects in Southeast Europe. |
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