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European gas market : stakes and perspectives

Author

Listed:
  • Catherine Locatelli

    (LEPII-EDDEN - équipe EDDEN - LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

  • Silvana Mima

    (LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

Abstract

World reserves of natural gas are abundant and expected to increase up to 2050. World gas production is projected to more than double between 2000 and 2050. However, regional disparities in gas reserves and production costs are expected to modify the regional gas supply pattern in 2050: about half of the total gas production will originate from the CIS and the Middle East.Important uncertainties remain on the EU27 gas demand and supply in the long term. For example, on one hand, the enlargement of the EU modifies the landscape. The question of the penetration of the natural gas in the energy balance is for a "new entrant" an important aspect of their energy policy. On the other hand, the liberalisation of the EU gas market may have important consequences on the strategies of gas producers like Russia.

Suggested Citation

  • Catherine Locatelli & Silvana Mima, 2007. "European gas market : stakes and perspectives," Post-Print halshs-00157793, HAL.
  • Handle: RePEc:hal:journl:halshs-00157793
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00157793
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    Keywords

    ENERGY; INTERNATIONAL MARKET; NATURAL GAS; MARCHE INTERNATIONAL; GAZ NATUREL;
    All these keywords.

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