The Use of Liquefied Petroleum Gas (LPG) in the Republic of North Macedonia as a Sustainable Alternative Fuel: Regulation, Condition and Market Participants
The Use of Liquefied Petroleum Gas (LPG) in the Republic of North Macedonia as a Sustainable Alternative Fuel: Regulation, Condition and Market Participants

Author(s): Serjoza Markov
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: LPG; Oil derivatives; Regulatory Commission for Energy and Water Services in Republic of North Macedonia; Legislative; Participants; Retail network
Summary/Abstract: First and foremost, the main inspiration for a specific issue in this paper is the use of the Liquefied Petroleum Gas – „LPG“ as а sustainable alternative fuel for transport in the Republic of North Macedonia. The questions that arise as a basis are: finding the reason why the progress in usage of alternative fuels is still slow and insufficient in the country and what are the advantages of the „LPG“ as most available fuel of this type, including the reduction of harmful CO2 emissions- as the most important benefit. By summarizing in one place all the theoretical and empirical aspects, we are finding the answer by analyzing the legal framework, the condition and the participants in the market of oil and oil derivatives in the country for the analyzed period of three years (2017-2019). The results and conclusions of the research shall be achieved via comprehensive analysis, and by finding the answers to the posed questions through the: theoretical analysis, the inductive and deductive methods, as well as description methods, whereas the techniques utilized shall be questionnaires, interviews, observations. The goal is achieved through: elaboration of legislation in the Republic of North Macedonia, emphasizing benefits of the LPG as alternative fuel and determination of the obstacles for its usage.

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