Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/32702
Title: Forecast scenarios of world prices for natural gas
Authors: Elyakova, Isabella Damdinovna
Khristoforov, Aleksandr Andreyevich
Elyakov, Aleksandr Lvovich
Danilova, Larisa Ivanovna
Karataeva, Tamara Aleksandrovna
Danilova, Elena Vladimirovna
Keywords: Natural gas -- Rates
Natural gas -- Prices -- Forecasting
Natural gas -- Prices
Economic development -- Forecasting -- Mathematical models
Economic development -- Mathematical models
Economic development -- Econometric models
Natural gas -- Costs
Issue Date: 2017
Publisher: University of Piraeus. International Strategic Management Association
Citation: Elyakova, I. D., Khristoforov, A. A., Elyakov, A. L., Danilova, L. I., Karataeva, T. A., & Danilova, E. V. (2017). Forecast scenarios of world prices for natural gas. European Research Studies Journal, 20(4A), 284-297.
Abstract: The study proposes forecast scenarios for the development of world prices for natural gas based on economic and mathematical modeling and the analysis of the historical trend of extraction, consumption, export and import of natural gas.The main research method is correlation-regression analysis which allowed establishing how strong the correlation of world prices for natural gas and world oil prices is. Also, the methods of historical trend and mathematical analysis were used to determine the main forecast scenarios for price levels of natural gas.The study represents a new approach to the analysis of the dynamics of world prices for natural gas based on economic and mathematical modeling.The article examines the dynamics of the global natural gas market and analyzes trends in price changes, as well as establishes the relationship between global prices for natural gas and the world oil market for making forecasts of the cost of natural gas.
URI: https://www.um.edu.mt/library/oar//handle/123456789/32702
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 20, Issue 4, Part A

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