Security of Gas Supply in Open Markets

LNG and Power at a Turning Point

International Energy Agency

This book analyses the most recent developments in security of gas supply and reliability in all IEA regions. Reform has led to open markets, where supply and demand are balanced by the market.

In the gas sector, supply is capacity-bound and large parts of the demand side are inelastic. The study looks at how governments and other stakeholders in IEA countries respond to the need to create a framework that enables the players to deliver secure and reliable gas supply at the border and all the way down to the final customer.