MATHEMATICAL MODELING EUROPEAN GAS MARKET: ADVANCED FORECASING OPTIMIZATION MODEL FOR NATURAL GAS FLOWS THROUGH A PIPELINE NETWORK
So called advanced optimization model is advocated in the paper for forecasting gas flows through a pipeline network on European gas market. The model features significantly more detailed characteristics of the gas market suppliers. Numerical calculations presented in the paper demonstrated that 75% of the gas export volume predictions for three quarters of 2018 differ from the historical data for less than 20%.