Document Type : Original Article

Authors

• Rasoul Lahijanian ¹
• Fatemeh Sjeikhi ²

¹ PhD in Strategic Oil and Gas Management, University of Tehran

² (PhD Student in Oil and Gas Law, Shahid Beheshti University

Abstract

 
Current statistics indicate the inequality of natural gas supply and demand. The question is which adopted policy will provide efficient productivity of natural gas? Scholars' findings indicate that applying macro policies related to gas optimization and establishing a sector regulatory institution in the gas market will greatly contribute to the optimal efficiency of natural gas. Referring to the Establishment of Optimal Energy Market and Environment Regulation, energy saving certificate is issued. These certificates are securities entailing the right to own a certain amount of saved energy that are traded in the market. At the same time, under the control of the sector regulator in gas market, the existing imbalance between supply and demand is resolved and efficient productivity of natural gas is achieved. Among other direct effects of the establishment of this institution are dealing with monopoly in the market, identifying examples of anti-competitive practices and approval of directives regulating the market price and goods amount. Therefore it is required to control the market through gas sector regulator. This Article seeks to present a policy for the industry to provide efficient productivity in natural gas. In order to achieve efficient productivity and establishing this regulator in Iran's gas market and in addition to the existing regulations, the regulator institution, its qualifications and article of association in gas sector are studied.      

Keywords

• Natural Gas
• Efficient Productivity
• Saving Certificates
• Sector Regulator Institution
• Article of Association of the Regulator Institution