Security of Gas Supply in Open Markets

Download or read book Security of Gas Supply in Open Markets written by International Energy Agency and published by OECD. This book was released on 2004 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, many IEA member countries have opened their energy markets to competition, with governments progressively withdrawing from direct management of the gas sector and focusing on establishing objectives and competition frameworks. With the continued growth of gas demand and the decline of domestic reserves, most IEA countries will need to import more gas, mainly for power generation, which will require access to gas reserves at competitive conditions, as well as timely investment in new infrastructure to ensure a reliable gas supply. This publication, part of a series on energy market reforms, examines recent developments in security of gas supply and reliability in all IEA regions, in the light of these new demand and supply trends. It includes a CD-ROM containing the views of the main stakeholders (governments, regulators, industry, customers and other organisations) involved.