The natural gas demand forecasting models
Adequate regressions models for Russian natural gas demand in EU by dependence from export price and Gross Domestic Product (GDP) rate of grow in EU (countries of West Europe) have been made. Regressions models for natural gas demand in home market in dependence from gas price and GDP rate of grow in Russia have been made. Elasticity coefficients for natural gas demand from gas price and GDP rate of grow in Russia and in EU have been determined.