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Gazprom's export strategies under the institutional constraint of the Russian gas market

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  • Catherine Locatelli

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    (LEPII - Laboratoire d'Économie de la Production et de l'Intégration Internationale - CNRS : UMR5252 - Université Pierre Mendès-France - Grenoble II)

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    Abstract

    Russia and its main gas company Gazprom, essential suppliers for the European gas market, are today at the centre of the debate surrounding the security of the European Union's gas supply. A variety of factors have focussed interest on the question of Gazprom's industrial strategies and more precisely :the Gazprom's ability to meet its future contractual commitments. The gas market liberalisation in Europe is bringing about some significant changes in the relations (especially contractual ones) that the EU had established with its main natural gas suppliers. The aim of this paper is to throw some light on how European gas market liberalisation is affecting and changing the strategies of one of the EU's essential gas suppliers, namely Russia. The export policies developed by Gazprom are however largely conditioned by the particular characteristics (essentially institutional) of its domestic market, not only in terms of supply and demand but also prices". It is important to take into account this aspect in order to understand the Russian gas export strategy.

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    File URL: http://halshs.archives-ouvertes.fr/docs/00/34/16/60/PDF/CL-CR6bis-08_gazprom-export_opec-review.pdf
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    Bibliographic Info

    Paper provided by HAL in its series Post-Print with number halshs-00341660.

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    Date of creation: Sep 2008
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    Publication status: Published, OPEC Energy Review, 2008, XXXII, 3, 246-264
    Handle: RePEc:hal:journl:halshs-00341660

    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00341660/en/
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    Web page: http://hal.archives-ouvertes.fr/

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    Keywords: EXPORTATION ; NATURAL GAS ; RUSSIA ; GAZPROM ; CONTRACT;

    This paper has been announced in the following NEP Reports:

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    1. Eikeland, Per Ove, 2007. "Downstream natural gas in Europe--High hopes dashed for upstream oil and gas companies," Energy Policy, Elsevier, vol. 35(1), pages 227-237, January.
    2. Eirik Lund Sagen & Marina Tsygankova, 2006. "Russian Natural Gas Exports to Europe. Effects of Russian gas market reforms and the rising market power of Gazprom," Discussion Papers 445, Research Department of Statistics Norway.
    3. Goldthau, Andreas, 2008. "Rhetoric versus reality: Russian threats to European energy supply," Energy Policy, Elsevier, vol. 36(2), pages 686-692, February.
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    Cited by:
    1. Catherine Locatelli, 2014. "The Russian gas industry : challenges to the "Gazprom model"," Post-Print halshs-00853776, HAL.
    2. Catherine Locatelli, 2008. "Russian and Caspian hydrocarbons: energy supply stakes for the European Union," Post-Print halshs-00347523, HAL.
    3. repec:hal:wpaper:halshs-00853776 is not listed on IDEAS
    4. Catherine Locatelli, 2012. "Relations UE-Russie : les enjeux d'une nouvelle architecture gazière," Post-Print halshs-00755640, HAL.

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