The Impact of Economic Factors on Natural Gas Energy

Abstract

The impact of Natural gas factors in city gas distribution business has been recognized in the literature related to natural gas for at least two decades, however the influence of economic factors on the city gas distribution business has not been considered. This paper develops a research model depicting various economic factors influencing the feasibility study of city gas distribution business at Aburoad and their interrelationship amongst each other. The paper incorporates a measurement model that incorporates both technical & commercial feasibility factors of Natural gas. The technical feasibility factors are Supply, Demand, Infrastructure and Technology. Similarly, the commercial feasibility factors are Application, Competition, Regulation and Marketing.  On the basis of the research model, all potential hypotheses were identified and tested empirically to prove the acceptability of the same. The result gives a direction towards future research on feasibility study of CGD business at any particular location, as well as how to maintain and improve the sustainability of the business for a long period.