Advanced Search
MyIDEAS: Login to save this article or follow this journal

Is Gas Cartel's Profitable for Russia? (A Case of European Gas Market)

Contents:

Author Info

  • Sergey Chernavsky

    (Central Economics and Mathematics Institute, RAS, Moscow, Russia)

  • Oleg Eismont

    ()
    (System Analysis Institute, RAS, New Economic School, Moscow, Russia)

Abstract

The problem of gas cartel formation is widely discussed in many countries, including Russia. Gas cartel can exist only within the world natural gas market, the latter being possible provided liquefied natural gas (LNG) becomes wide spread. Since for Russia, European gas market is of prime importance the paper analyses perspectives of gas cartel, relative to the European market. Equilibrium states of such a market have been found for the two cases - that of a competitive behavior of LNG exporters to Europe, and of gas cartel which includes Russia and LNG exporters. Conditions ensuring that Russia gets higher profit in case of participating in a gas cartel, rather than in case of competitive behavior of LNG exporters, have been obtained.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.econorus.org/journal/pdf/Chernavsky_Eismont_1-2.pdf
Download Restriction: no

File URL: http://www.econorus.org/repec/journl/2009-1-2-127-149r.pdf
Download Restriction: no

Bibliographic Info

Article provided by New Economic Association in its journal Journal of the New Economic Association.

Volume (Year): (2009)
Issue (Month): 1-2 ()
Pages: 127-149

as in new window
Handle: RePEc:nea:journl:y:2009:i:1-2:p:127-149

Contact details of provider:
Postal: Nakhimovsky prospekt, 32, Office 1115, 117218 Moscow Russia
Phone: +7 495 7189855
Fax: +7 495 7189855
Email:
Web page: http://www.econorus.org/english.phtml
More information through EDIRC

Related research

Keywords: Gas OPEC; Russian-European gas market;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Joris Morbée & Stef Proost, 2008. "Russian market power on the EU gas market: can Gazprom do the same as in Urkaine?," Center for Economic Studies - Discussion papers ces0802, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
  2. Liu, Ben-chieh, 1983. "Natural gas price elasticities : Variations by region and by sector in the USA," Energy Economics, Elsevier, vol. 5(3), pages 195-201, July.
  3. Beierlein, James G & Dunn, James W & McConnon, James C, Jr, 1981. "The Demand for Electricity and Natural Gas in the Northeastern United States," The Review of Economics and Statistics, MIT Press, vol. 63(3), pages 403-08, August.
  4. Mohammed A. Al-Sahlawi, 1989. "The Demand for Natural Gas: A Survey of Price and Income Elasticities," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 77-90.
  5. Finon, Dominique & Locatelli, Catherine, 2008. "Russian and European gas interdependence: Could contractual trade channel geopolitics?," Energy Policy, Elsevier, vol. 36(1), pages 423-442, January.
  6. David G. Tarr & Peter D. Thomson, 2004. "The Merits of Dual Pricing of Russian Natural Gas," The World Economy, Wiley Blackwell, vol. 27(8), pages 1173-1194, 08.
  7. Krichene, Noureddine, 2002. "World crude oil and natural gas: a demand and supply model," Energy Economics, Elsevier, vol. 24(6), pages 557-576, November.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:nea:journl:y:2009:i:1-2:p:127-149. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexey Tcharykov).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.