Prospects of the Domestic Markets of Gas Condensate and LPG Development

Abstract

Aim and tasks. The purpose of the study is to analyse the current state and prospects of development of the global and Russian markets of gas condensate and liquefied petroleum gas (LPG). The main objectives of the study include assessing the economic importance of these products, analysing legal regulation, as well as identifying key consumption trends and the impact of sanctions restrictions. Methods. The research methodology is based on the analysis of statistical data on the production, processing, export and consumption of gas condensate and LPG, methods of analysing legal and economic barriers affecting the market are used, and retrospective analysis of the global and Russian markets is applied to identify ke y trends. Results. The analysis reveals the main drivers of changes in the supply and consumption structure of gas condensate and LPG. Key pricing factors affecting the competitiveness of Russian suppliers were identified, sanctions and legal restrictions that havea significant impact on export opportunities were considered. Conclusions. The study confirmed the need to diversify export markets, develop processing facilities and improve logistics infrastructure to enhance the competitiveness of Russian producers in the global market. The results may be useful for oil and gas companies and government regulators.