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Natural gas reserves and shortages - is Gazprom a reliable supplier for Europe?

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  • Josephine Bollinger-Kanne

Abstract

The natural gas portion of the energy mix of the EU member states increased up to a quarter in recent years. In Germany alone, 23.8% of primary energy consumption consisted of natural gas in 2005. A third of German natural gas imports comes from the Russian Confederation, which has greatest natural gas reserves in the world. Europe's import dependence on natural gas will probably increase from a present 49% to 70% in 20 or 30 years. Josephine Bollinger-Kanne of Research & Consulting Russia gives an overview of natural gas production in Russian and especially of the practices and policies of the Russian natural gas giant, Gazprom.

Suggested Citation

  • Josephine Bollinger-Kanne, 2006. "Natural gas reserves and shortages - is Gazprom a reliable supplier for Europe?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(18), pages 09-25, September.
    • Handle: RePEc:ces:ifosdt:v:59:y:2006:i:18:p:09-25
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    JEL classification:

    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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