Petrol and Natural Gas Market of the Visegrád Group Countries 1993–2016: Current State and Prospects

Kłaczyński, Robert

doi:10.15804/ppsy2018101

Cited by 3 publications

(2 citation statements)

References 2 publications

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“…Moreover, they relate to both the global market (Bridge and Bradshaw 2017) and the markets of individual continents (Jacobs 2011;Seljom and Rosenberg 2011), regions (Doukas et al 2013;Khatib 2014) and countries (Erdogdu 2010). Some publications consider the problem of natural gas distribution in European countries (Goncharuk 2008;Goncharuk and Lo Storto 2017;Fiorini and Sileo 2013;Kłaczyński 2018).…”

Section: Introductionmentioning

confidence: 99%

The impact of the natural gas price on industrial performance during a hybrid war

Goncharuk¹,

Liashenko-Shcherbakova²,

Chaika³

2021

Polityka Energetyczna – Energy Policy Journal

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In the contemporary world, natural gas is one of the focuses of hybrid wars and is used as a tool of international economic and political pressure to gain appropriate benefits. The long-term pressure of Russia on Ukraine using a combination of military, political, economic, information and energy tools is one of the most striking cases of applying natural gas as a weapon in a hybrid war. Exploring the case of Ukraine, the authors confirmed the hypothesis about the change in the impact of the prices of natural gas on the performance of its industrial consumers during a hybrid war. The study covered three industrial sectors that are major consumers of natural gas -the metallurgy, chemical and pharmaceutical industries. The data of nine key companies of these industries for the period 2006-2019 were analyzed; this period was divided into two parts -before the hybrid war (2006)(2007)(2008)(2009)(2010)(2011)(2012)(2013) and during it (2014)(2015)(2016)(2017)(2018)(2019). The authors identified the heterogeneity of the influence of natural gas prices on the performance of different industrial enterprises. However, since the onset of the hybrid war, all of them have shown a reducing correlation of natural gas prices with all the analyzed performance indicators -operating profitability, material-output ratio, and labor productivity. The study managed to build reliable regression models that allow defining the prices of natural gas for the chemical industry and metallurgy, above which these industries in Ukraine become unprofitable. The defined critical levels have a practical implication since they can be tools for regulating natural gas prices for various industrial sectors.

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Section: Introductionmentioning

confidence: 99%

The impact of the natural gas price on industrial performance during a hybrid war

Goncharuk¹,

Liashenko-Shcherbakova²,

Chaika³

2021

Polityka Energetyczna – Energy Policy Journal

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“…Kutyła 2016). In some texts, they remain on the margin of the general description of gas markets in the discussed countries (Dyduch and Skorek 2020;Kłaczyński 2018;Osička et al 2018;Ruszel and Szurlej 2016). The core of the source literature is of a narrower scope.…”

Section: Introductionmentioning

confidence: 99%

The role of underground gas storage facilities in the continuous supply of natural gas to domestic recipients based on the example of the Visegrad Group

Skrzyński¹

2020

Polityka Energetyczna – Energy Policy Journal

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Underground gas storage facilities play an important part in the maintenance of balance between the constantly imported raw material and variable gas demand in the discussed part of Europe. They also allow for more the efficient operation of businesses which exploit this raw material in this part of Europe and operators of power lines. The following issues will be discussed in the article: types, capacity, location and variability of the filling level of underground gas storage facilities in Poland, the Czech Republic, Hungary, and Slovakia; similarities and differences in the policy of natural gas storage between individual Visegrad Group countries; the influence of these differences on the situation in the gas market; the influence of the planned further reconstruction of the natural gas storage facilities system on the energy security of individual countries which belong to the Visegrad Group. Concern for UGSF is one of the conditions of expansion of transmission pipelines to the north and south, increase of LNG import within the Visegrad Group, or the creation of a gas hub in Polandinitiatives aimed at, among others, securing the continuity of supplies to domestic users. However, the current and planned investments indirectly indicate that in the policies of the governments of the Visegrad Group countries, UGSF are supposed to soon play a much smaller role than many researchers would expect. An intensive expansion of UGSF is very unlikely. The scale of the state's effect on the role of storage facilities in supplying gas to users depends on the level of the state's control over the companies managing UGSF.

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Go South! Southern dimension of the V4 states’ energy policy strategies – An assessment of viability and prospects

Dyduch

Skorek

2020

Energy Policy

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Petrol and Natural Gas Market of the Visegrád Group Countries 1993–2016: Current State and Prospects

Cited by 3 publications

References 2 publications

The impact of the natural gas price on industrial performance during a hybrid war

The impact of the natural gas price on industrial performance during a hybrid war

The role of underground gas storage facilities in the continuous supply of natural gas to domestic recipients based on the example of the Visegrad Group

Go South! Southern dimension of the V4 states’ energy policy strategies – An assessment of viability and prospects

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