Oil and Energy

Europe's gas markets are rapidly changing and opening up to liberalization and new market entrants; this report provides an in-depth analysis of 8 highly dynamic Eastern European gas markets, with detailed data on supply and demand balances and coverage of the implementation of the EU Gas Directive. Country profiles also feature an overview of supply and demand, an examination of key governmental, legal and political influences on the sector and an analysis of wholesale trading and the pipeline, LNG and storage infrastructure, now and in the future.

Key findings of this report:
- In October 2004 the EC censured eighteen of the EU 25 states for not opening their markets according to agreed timetables. A 2003 EC gas directive had time-tabled opening non-residential energy markets from July 2004 and the whole market by 2007.
- North African and Russian gas will increasingly penetrate the European market as demand grows and indigenous supply becomes increasingly depleted.
- Hungary has a very high level of gas penetration, far in excess of it’s neighbours and some Western European countries. Declining local production and consequent import dependency will create a need to diversify supply sources in the future.
- Almost 25% of Western European gas consumption and 80% of Russian exports to the west transit through Slovakia via the Brotherhood and Soyuz pipelines.

This report provides:
- Profiles of each country’s gas infrastructure including transit and distribution pipelines and their ownership, storage capacities and full colour maps of gas grids.
- Gas supply data in billion cubic metres including production, pipeline imports and exports by country and LNG imports.
- Key gas demand data in billion cubic metres divided by consumer into residential, non-residential and power generation.
- Gas market trends from 1960 to 2003 detailing each countries gas production and demand by sector.
- An understanding of European regulatory conditions including EC directives and their translation local legislation and consequent market reforms and re-structure.

Key questions answered in this report:
- How has gas production and consumption changed over time and what is forecast for the future?
- Where does each country source it’s imported gas from and how much is imported?
- Who are the key transmitters and distributors of gas?
- When will each country’s energy markets become open to competition?

Topics covered in the report include:
- European regional overview
- Country profiles:
- Czech Republic
- Estonia
- Hungary
- Latvia
- Lithuania
- Poland
- Slovakia
- Slovenia

For more information visit http://www.researchandmarkets.com/reports/c13626

Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980