Russian Gas Market Reform:Development Prospects And Strategy

Zhe Geng

The global natural gas market is one of the fastest growing energy markets. Russia is the second largest natural gas producer,and natural gas is its important strategic resource. As one of the main sectors of the Russian economy, natural gas plays a key role in the country's financial revenue and trade balance. In addition, it is also an important part of Russia's foreign policy. The structure and system of Russia's natural gas industry are inconsistent with its future development. Russia is making efforts to promote the reform of the industry, and the government has constantly revised the draft energy strategy, to propose the latest direction for the long-term development of the natural gas industry.

Volume 12 | Issue 6

Pages: 1335-1339

DOI: 10.5373/JARDCS/V12I2/S20201327