• Market Structure
• monopoly
• worldwide extraction
• production and refining of gas
• perspectives of using new technologies
• Gazprom JSC
• Natural Gas
• International Projects
• Government Intervention
• Kyoto Protocol
• gas exports

In this thesis we analyze the origin and the development of industrial economy considering worldwide extraction, production and refining of gas. The first chapter consists of natural monopoly and monopolistic competition models and in particular, the emergence of economies of scale in gas production. The second chapter is composed by the historical aspect of development of gas industry and international export/import relationship between Russian Federation and EU using the data of Gazprom and European gas-distribution companies, focusing on South Stream and Southern Corridor. The last chapter considers the analysis, forecast and outlook of world energy market, mostly, in Russia and EU, with particular focus on the environmental problems, development and perspectives of various types of gas and the ways of its transportation.