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In a natural gas market that is growing because of the increased use of gas in the generation of electricity, the organization and regulation of the industry is changing, This paper is concerned with the likelihood and desirability of 'deregulation' of the European gas industry. It is argued that prospects for further growth in the use of natural gas are promising, but that this depends, especially in Europe, on a continuation of state influence.

Limits of Deregulation in the Natural Gas Industry: the European Case