Issues of LNG producing companies entering the eastern markets and ways to overcome them
This article is devoted to identifying the features of the еastern liquefied natural gas (hereinafter referred to as LNG) markets and new opportunities for entering them. The purpose of this article is to study the problems of LNG producing companies entering the еastern markets and ways...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2024-08-01
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Series: | Вестник университета |
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Online Access: | https://vestnik.guu.ru/jour/article/view/5412 |
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author | F. A. Ostroumov V. Ya. Afanasiev |
author_facet | F. A. Ostroumov V. Ya. Afanasiev |
author_sort | F. A. Ostroumov |
collection | DOAJ |
description | This article is devoted to identifying the features of the еastern liquefied natural gas (hereinafter referred to as LNG) markets and new opportunities for entering them. The purpose of this article is to study the problems of LNG producing companies entering the еastern markets and ways to overcome them. The work analyses the current state of the еastern LNG markets and their development prospects, existing barriers, including those caused by the conflict in the Middle East, and possible consequences of the escalation of the conflict. The authors consider the issues of developing localised infrastructure and technological solutions that increase the efficiency of supply chains, meet specific market needs and provide a competitive advantage in the еastern markets. Logframe and comparative analysis, systems approach, and modelling have been used in the research process. As a result, the study has identified a number of challenges for LNG producers, primarily related to geopolitical complexities, regulatory environment, and market development dynamics, to innovations, ecological norms, and understanding regional tensions that may impact supply chains and trade agreements. The findings of the article can be used when domestic companies develop strategies to enter the еastern LNG markets with existing contracts or expand them. |
format | Article |
id | doaj-art-f68d3c2a12dc4b73a10dd8113740bac0 |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2024-08-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-f68d3c2a12dc4b73a10dd8113740bac02025-02-04T08:28:21ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-08-0107798410.26425/1816-4277-2024-7-79-843154Issues of LNG producing companies entering the eastern markets and ways to overcome themF. A. Ostroumov0V. Ya. Afanasiev1State University of ManagementState University of ManagementThis article is devoted to identifying the features of the еastern liquefied natural gas (hereinafter referred to as LNG) markets and new opportunities for entering them. The purpose of this article is to study the problems of LNG producing companies entering the еastern markets and ways to overcome them. The work analyses the current state of the еastern LNG markets and their development prospects, existing barriers, including those caused by the conflict in the Middle East, and possible consequences of the escalation of the conflict. The authors consider the issues of developing localised infrastructure and technological solutions that increase the efficiency of supply chains, meet specific market needs and provide a competitive advantage in the еastern markets. Logframe and comparative analysis, systems approach, and modelling have been used in the research process. As a result, the study has identified a number of challenges for LNG producers, primarily related to geopolitical complexities, regulatory environment, and market development dynamics, to innovations, ecological norms, and understanding regional tensions that may impact supply chains and trade agreements. The findings of the article can be used when domestic companies develop strategies to enter the еastern LNG markets with existing contracts or expand them.https://vestnik.guu.ru/jour/article/view/5412problems of lng companiesmanufacturers of lngdevelopment of lng marketlng marketlngеastern lng marketsmiddle east conflict |
spellingShingle | F. A. Ostroumov V. Ya. Afanasiev Issues of LNG producing companies entering the eastern markets and ways to overcome them Вестник университета problems of lng companies manufacturers of lng development of lng market lng market lng еastern lng markets middle east conflict |
title | Issues of LNG producing companies entering the eastern markets and ways to overcome them |
title_full | Issues of LNG producing companies entering the eastern markets and ways to overcome them |
title_fullStr | Issues of LNG producing companies entering the eastern markets and ways to overcome them |
title_full_unstemmed | Issues of LNG producing companies entering the eastern markets and ways to overcome them |
title_short | Issues of LNG producing companies entering the eastern markets and ways to overcome them |
title_sort | issues of lng producing companies entering the eastern markets and ways to overcome them |
topic | problems of lng companies manufacturers of lng development of lng market lng market lng еastern lng markets middle east conflict |
url | https://vestnik.guu.ru/jour/article/view/5412 |
work_keys_str_mv | AT faostroumov issuesoflngproducingcompaniesenteringtheeasternmarketsandwaystoovercomethem AT vyaafanasiev issuesoflngproducingcompaniesenteringtheeasternmarketsandwaystoovercomethem |