Gas Law: Formation and Development

Abstract

At present, the importance of gas law has increased significantly due to the demand for gas as an energy resource in domestic and foreign markets. The International Energy Agency states that, despite the clear trend to further prioritize low-carbon renewable energy sources, the use of natural gas will continue to grow strongly in the coming years in all scenarios studied by the International Energy Agency. In addition to the natural gas market, the LNG and LPG markets also continue to develop. To date, there are not many legal studies on gas law. However, representatives of legislative bodies, experts, academia and energy companies emphasize the need to improve the legal regulation of gas markets at the national and international levels. In order to fully study and develop gas law, it is advisable to conduct a number of legal studies, including comparative legal studies with foreign gas law, including the law of the member states of the Eurasian Economic Union and the law of potential importers of Russian gas.