عنوان مقاله [English]
نویسندگان [English]چکیده [English]
In recent years, following the rising demand and supply of natural gas, Natural gas market has been studied by economists. Gas exporter and importer countries are involved in special policy so as to maximize their profit. One of such policies, which have been made by gas exporter countries, is foundation of âGas Exporting Countries Forumâ (GECF). Estimating of demand for GECFâs produced natural gas can be considered as one of the important tools to maximize the profit of GECF. In this paper, long-run residual demand function for GECFâs produced gas is estimated. In this regard, the yearly data over the period 1980-2010 are employed. Results indicate that the residual demand for GECF has positive relationship with gas price as well as the fact that there is positive relationship with time trend. Such that a dollar increase in gas prices, GECFâs demand decreases for four trillion cubic meters of gas per year And demand for the GECFâs gas average annual increase of 0.3 trillion cubic meters.