FEATURES MECHANISM OF REGULATION OF THE NATURAL GAS MARKET OF THE EU

Abstract

Abstract. UN natural gas market is a internal market of UN Member States and other European
countries that takes part in various operations in the natural gas market (production,
transit, storage, distribution, consumption, etc.). Today, considering that the biggest natural
monopolies historically formed exactly in the market for natural gas (and energy) European
Commission initiated the process of opening and integration of the national energy markets,
followed by creation of a single EU energy market. However, as the integration process expected
to be completed no earlier than 2014, the division of the EU natural gas markets into three geographic
markets remains the same:
• North-West (Netherlands – country with the manager of the national regulator, Belgium,
Denmark, France, Germany, Ireland, Northern Ireland, Sweden, the UK and Norway as an observer);
• South (Spain – country with the manager of the national regulator, France, Portugal) ;
• South East (Austria, Italy – country with the manager of the national regulator, Bulgaria,
Czech Republic, Greece, Hungary, Poland, Romania, Slovakia, Slovenia) [1 , p. 12].
Key words: knatural gas market, European Union, consumption and imports of natural gas
regulate, energy policy.