Analysis of the Determinants of Demand on Gas Motor Fuel

Student: Astanina Angelina

Supervisor: Ivan D. Kotliarov

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Economics (Bachelor)

Year of Graduation: 2016

NGV fuel market is actively developing both in Russia and in many countries around the world. A few of the main advantages of fuel are the environmental friendliness and the favorable price in comparison to other types of fuel. The aim of the work is to identify the factors that influence the demand for gas fuel, and to analyze the prospects of NGV fuel market growth in Russia. In the theoretical part of the work the world market of compressed and liquefied natural gas has been studied, and the countries occupying a leading position in the development of the market were identified. There was held a data analysis of the company "Gasprom gas-engine fuel" of the North Caucasus Federal District, which made it possible to reveal that the main impact on demand have the gas price and the level of household income, as well as an existence of competition in the region's towns.

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