New trends in the international political dynamics of natural gas trade

In: Međunarodni problemi: International problems, Band 70, Heft 3, S. 305-336

Abstract

The paper analyses the global natural gas market in the context of the
identification of influential international factors or phenomena that will
determine trends in the next foreseeable period. Natural gas is an energy
source that, in addition to renewable energy sources, shows a high and
continuous growth trend. Almost all countries possess certain means to
produce electricity (including renewable energy sources) or obtain it from
the immediate environment, while gas and oil are energy products that all
countries use but do not have. Trends related to these two energy sources
and the factors that influence the creation of their market are numerous and
complex. The authors present some important aspects and approaches to energy
security issues related to global energy challenges, as well as the risks
and threats that the world is exposed to today and in the future. The
authors conclude that natural gas as the energy of the future is recording
increasing consumption, which requires a profound analysis of trends in this
area.