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Regulatory Successes and Opportunities for Value Chain Analysis of Gas Industries
Regulatory frameworks have a crucial impact on the dynamics of global gas sectors, affecting market structure, investment choices, and operational practices along the whole value chain. This chapter offers a comprehensive examination of the achievements and potential for value chain analysis in the gas sectors, focusing on the impact of laws in enhancing industry performance, promoting competition, and assuring long-term sustainability. The development of regulatory frameworks that control gas sectors, charting the shift from conventional vertically integrated monopolies to more open and competitive market structures was also examined. The chapter also emphasizes effective regulatory measures that have promoted market accessibility, attracted investments, and fostered infrastructure growth, resulting in improved efficiency and innovation throughout the gas industry. The potential for conducting value chain analysis in the gas industries was also examined. It highlights the significance of comprehending the interconnections and relationships between various parts of the value chain, such as exploration, production, transportation, distribution, and end-use sectors. The chapter underscores the crucial significance of regulatory frameworks in determining the competitiveness, effectiveness, and long-term viability of gas sectors. To fully realize the potential of gas markets and promote progress in the evolving energy sector, policymakers, regulators, and industry stakeholders should utilize regulatory achievements and embrace value chain analysis opportunities. This approach will stimulate innovation, attract investment, and foster prosperity. © The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024.
Springer Science and Business Media Deutschland GmbH
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