ABSTRACT. The liquid and gas mixture is met in many natural and industrial pro~ cesses. In the paper, the investigation results of shock waves, propagated in the liquid and two-component gas (one component is neutral, the other is condensed) mixture, are presented. The influence of the relative gas ratios , initial gas volume, wave intensity etc. on the main wave characteristics, is analyzed and illustrated as examples for two mixtures. The first is a mixture of water and gas (air and water vapour) . The second is a mixture of crude oil and gas (one component is soluble, the other is insoluble).