Gazprom's export strategies under the institutional constraint of the Russian gas market
AbstractThe strategy of the Russian gas company Gazprom is today at the centre of the debate surrounding the security of the European gas supply. The European gas market liberalisation is changing the industrial and commercial (that is to say, contractual) strategies of Gazprom in order to deal with the institutional changes in its main export market. In this context, to secure its market shares Gazprom try to acquire a presence downstream, which will give it access to final consumers. However, exports to Europe are affected by conditions in the Russian domestic market, not only in terms of supply and demand, but also in terms of prices. Russia's internal market can hardly be viewed as a genuine market where supply and demand are regulated by price fluctuations. Copyright 2008 The Author. Journal compilation 2008 Organization of the Petroleum Exporting Countries.
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Bibliographic InfoArticle provided by Organization of the Petroleum Exporting Countries in its journal OPEC Energy Review.
Volume (Year): 32 (2008)
Issue (Month): 3 (09)
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Web page: http://onlinelibrary.wiley.com/journal/10.1111/%28ISSN%291753-0237
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- Catherine Locatelli, 2012. "Relations UE-Russie : les enjeux d'une nouvelle architecture gazière," Post-Print halshs-00755640, HAL.
- Catherine Locatelli, 2013. "The Russian gas industry : challenges to the "Gazprom model"," Working Papers halshs-00853776, HAL.
- Catherine Locatelli, 2008. "Russian and Caspian hydrocarbons: energy supply stakes for the European Union," Post-Print halshs-00347523, HAL.
- Catherine Locatelli, 2010. "Russie-Caspienne : l'enjeu de la diversification gazière de l'UE," Post-Print halshs-00541504, HAL.
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