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A Foresight of the Development of the World Natural Gas Market in the Conditions of the Transition to a Low-Carbon Economy
Kovalchuk T. H., Zaharii V. K.

Kovalchuk, Tamila H., and Zaharii, Vita K. (2022) “A Foresight of the Development of the World Natural Gas Market in the Conditions of the Transition to a Low-Carbon Economy.” Business Inform 6:4–13.
https://doi.org/10.32983/2222-4459-2022-6-4-13

Section: Globalization Processes in the Economy

Article is written in Ukrainian
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UDC 339.9

Abstract:
The purpose of the article is to develop a foresight of the development of the natural gas market in the context of the transition to a low-carbon economy to provide understanding of possible options and forecast the future of the world market. Analyzing, systematizing and summarizing the scientific works of scholars, the concept of a low-carbon economy, its importance and necessity for solving acute environmental and political problems of mankind related to greenhouse emissions, global warming, environmental pollution, lack of natural resources or dependence of countries on energy suppliers were considered. In the course of the research was used foresight with a focus on the method of developing scenarios for the possible future development of the natural gas market in the context of the transition to a carbon-free economy. Using the reporting data of companies and countries of the world, the main indicators for similar features are analyzed and systematized, on the basis of which four scenarios are built to draw conclusions and help gas producers improve their activities and build long-term strategies in the context of the transition to a low-carbon economy. The article allocates the companies that are an example for the transition to a low-carbon economy, in particular, the Ukrainian company «Naftogaz», which has actively begun to develop the direction of using alternative energy sources to maximize the benefits of the minimum amount of natural resources. The ways of preserving the positions of gas companies in the market are examined. The recommendations proposed for companies will make it possible to quickly adapt to new conditions of existence during the transformation of the gas market. Prospects for further research in this direction are determining the degree of transition of the natural gas market to a low-carbon economy, its impact on the activities of gas enterprises, ecology and environmental pollution, and the provision of energy resources to countries of the world that are in need of additional sources.

Keywords: low-carbon economy, foresight, scenario development, global gas market.

Tabl.: 5. Bibl.: 9.

Kovalchuk Tamila H. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economics, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: [email protected]
Zaharii Vita K. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Relations, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: [email protected]

List of references in article

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“The future of energy“. Deloitte. https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Energy-and-Resources/gx-eri-future-of-energy.pdf
“Naftohaz i Symbio Infrastructure domovylysia pro postavky v Ukrainu nyzkovuhletsevoho kanadskoho skraplenoho hazu i «zelenoho» vodniu“ [Naftogaz and Symbio Infrastructure Agreed on the Supply of Low-carbon Canadian Liquefied Gas and "Green" Hydrogen to Ukraine]. https://www.naftogaz.com/news/naftogaz-and-symbio-infrastructure-agree-on-deliveries-of-low-carbon-canadian-lng-and-green-hydrogen
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“Task Force on Climate-related Financial Disclosures“. https://www.fsb-tcfd.org

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