Essence and transformation of the energy market

In the present circumstances, the world’s energy sector is in a situation of considerable uncertainty, with extremely serious consequences for Russia, which is one of the world’s energy leaders and the largest player in the international energy markets. The energy sector and the export of energy sources occupy a special position in the Russian economy, and their dynamics influence the sustainability of the national economy. The current situation in the world energy market is represented by the uncertain market outlook that emerged from the diversification of supply sources between Europe and the USA, and demand growth in Asia, which poses a major challenge for Russia - to expand exports and create a new market model. The aim of the research is to study the world energy market and the role of Russia in its structure.Research on the world energy market. The subject of the research is the totality of linkages and relations resulting from the operation of the world energy market, as well as on the retrospective analysis and logic of the processes of formation and improvement of energy companies' interactions in the world market.