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Consumer Prices of Natural Gas in Europe

Yuli Radev

Economic Thought journal, 2003, issue 6, 66-84

Abstract: Some theoretical and practical approaches to setting consumer prices of natural gas in the European Union, the requirements for an effective tariff system and the state of tariffs in Central and Eastern Europe (CEE) are presented. The main conclusions are that there is no universal pricing methodology with respect to natural gas, rather, each country develops its own approach to pricing; in order for the pricing mechanism of the CEE to be successfully reformed, it is necessary to apply the economic efficiency criteria systematically and purposefully.

JEL-codes: L71 L95 (search for similar items in EconPapers)
Date: 2003
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Handle: RePEc:bas:econth:y:2003:i:6:p:66-84