Economic conditions of the Arctic natural gas transportation system

Abstract

The paper considers Russia’s position in the system of European energy policy on the natural gas market. We have analyzed the interest in natural gas exports in the context of maintaining the energy security of EU countries, stimulating in turn the interest towards the Arctic oil and gas reserves as a means of increasing supplies. We have established the role that diversification of transportation means plays in ensuring exports. We have described the capacities of the main pipelines transporting gas to the EU countries. We have substantiated why investments should be made into establishing and improving the transport infrastructure in the Arctic, specifically, developing the routes for transporting natural gas.

Economic Calculation and Operations Research in Terms of LNG Carriage by Water Transport: A Case Study of the Port of Bratislava

“…The volume of natural gas supplies from Russia to Europe, including Turkey and Ukraine, is approximately 200 billion m 3 of gas. The share of natural gas supplies from Russia to the EU is almost 50% [5,6]. Norway is the second-largest supplier of natural gas, with a 34% share, and the third place is represented by the cumulative supply of LNG, with a volume of about 11%.…”

“…The transport sector produces an eminent share of greenhouse gas emissions (GHGE) and is largely responsible for climate change and global warming. Transport accounts for almost a quarter of all emissions in Europe [5]. The introduction of LNG in the transport sector, especially for heavy cargo vehicles and long-distance transport, is one of the ways to ensure sustainability [14].…”