The perspectives of competitive trade forms development of fuel-energy resources
- Ph.D. associate professor Saint Petersburg State Mining University
Abstract
The system of long-term contracts having some advantages is traditionally used for selling most types of mineral resources such as coal, oil, gas, etc. The negotiation mechanism with a chosen subject is usually applied to make a long-term contract. But also there are some other competitive ways to make a contract such as making enquiries, tenders, auctions, exchange auctions. Lately the markets of short-term contracts have been developing for selling mineral production, e.g. so called spot gas or metal markets. The article is devoted to considering some trends of fuel- energy resources selling with Seller-manufacturer participating in different procedures of competitive trade.
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