Key elements of the legal status of the natural gas market regularory institutions in Lithuania and in the European Union member states

A comparative analysis

Research output: Contribution to journalArticle

Abstract

The article analyses the legal status of the natural gas market regulatory institutions in Lithuania and in the member states of the European Union (EU). First, the authors assess the most important elements of the legal status of the natural gas market regulators in the EU member states, namely, the degree of autonomy (type of institution, appointment and dismissal procedures of management, duration of the terms of office, sources of funding) and the measures aimed at ensuring accountability, transparency, and prevention of conflicts of interest. Second, the legal status of the National Control Commission for Prices and Energy (Commission), which carries out functions of regulation and control of the natural gas sector in Lithuania, is examined. Finally, the authors conclude that the imperfections in the regulation of the legal status of the Commission result in several negative effects and provide reasoned proposals regarding the improvement of the legal status of the Commission.
Original languageEnglish
Pages (from-to)379-395
JournalJurisprudencija: mokslo darbai
Issue number2 (120)
Publication statusPublished - 2010

Fingerprint

legal status
Lithuania
natural gas
market
regulation
dismissal
conflict of interest
transparency
autonomy
funding
energy
responsibility
management

Keywords

  • Natural gas
  • Market
  • Regulation

Cite this

@article{3cc822f4388447a48e22871cd63f6dad,
title = "Key elements of the legal status of the natural gas market regularory institutions in Lithuania and in the European Union member states: A comparative analysis",
abstract = "The article analyses the legal status of the natural gas market regulatory institutions in Lithuania and in the member states of the European Union (EU). First, the authors assess the most important elements of the legal status of the natural gas market regulators in the EU member states, namely, the degree of autonomy (type of institution, appointment and dismissal procedures of management, duration of the terms of office, sources of funding) and the measures aimed at ensuring accountability, transparency, and prevention of conflicts of interest. Second, the legal status of the National Control Commission for Prices and Energy (Commission), which carries out functions of regulation and control of the natural gas sector in Lithuania, is examined. Finally, the authors conclude that the imperfections in the regulation of the legal status of the Commission result in several negative effects and provide reasoned proposals regarding the improvement of the legal status of the Commission.",
keywords = "Natural gas, Market, Regulation",
author = "Algimantas Urmonas and Virginijus Kanapinskas",
year = "2010",
language = "English",
pages = "379--395",
journal = "Jurisprudencija: mokslo darbai",
issn = "1392-6195",
publisher = "Mykolas Romeris University",
number = "2 (120)",

}

TY - JOUR

T1 - Key elements of the legal status of the natural gas market regularory institutions in Lithuania and in the European Union member states

T2 - A comparative analysis

AU - Urmonas, Algimantas

AU - Kanapinskas, Virginijus

PY - 2010

Y1 - 2010

N2 - The article analyses the legal status of the natural gas market regulatory institutions in Lithuania and in the member states of the European Union (EU). First, the authors assess the most important elements of the legal status of the natural gas market regulators in the EU member states, namely, the degree of autonomy (type of institution, appointment and dismissal procedures of management, duration of the terms of office, sources of funding) and the measures aimed at ensuring accountability, transparency, and prevention of conflicts of interest. Second, the legal status of the National Control Commission for Prices and Energy (Commission), which carries out functions of regulation and control of the natural gas sector in Lithuania, is examined. Finally, the authors conclude that the imperfections in the regulation of the legal status of the Commission result in several negative effects and provide reasoned proposals regarding the improvement of the legal status of the Commission.

AB - The article analyses the legal status of the natural gas market regulatory institutions in Lithuania and in the member states of the European Union (EU). First, the authors assess the most important elements of the legal status of the natural gas market regulators in the EU member states, namely, the degree of autonomy (type of institution, appointment and dismissal procedures of management, duration of the terms of office, sources of funding) and the measures aimed at ensuring accountability, transparency, and prevention of conflicts of interest. Second, the legal status of the National Control Commission for Prices and Energy (Commission), which carries out functions of regulation and control of the natural gas sector in Lithuania, is examined. Finally, the authors conclude that the imperfections in the regulation of the legal status of the Commission result in several negative effects and provide reasoned proposals regarding the improvement of the legal status of the Commission.

KW - Natural gas

KW - Market

KW - Regulation

M3 - Article

SP - 379

EP - 395

JO - Jurisprudencija: mokslo darbai

JF - Jurisprudencija: mokslo darbai

SN - 1392-6195

IS - 2 (120)

ER -