Energy institutional and organisational changes in EU and Russia: Revisiting gas relations
AbstractThis article tries to shed light on why gas relations between the EU and Russia, which were previously stable, have deteriorated since the introduction of institutional changes in the two regions. After identifying the areas of divergence in the context of European gas market liberalization, we then attempt to examine them in the context of the differing approaches to structuring this sector. The model of vertically unbundled network industries promoted by the EU is no longer the one that Russia intends to implement in its gas sector, despite the big changes taking place in its domestic market. All this is happening in a context where the economic stakes are very high. For the EU and its gas companies, access to Russia's hydrocarbon resources is a key question. For Gazprom, the question is whether or not it can define strategies that are flexible enough to adapt to the changing conditions in the European gas market.
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Bibliographic InfoPaper provided by HAL in its series Post-Print with number halshs-00785127.
Date of creation: Apr 2013
Date of revision:
Publication status: Published, Energy Policy, 2013, 55, 180-189
Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00785127
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Russia ; European Union ; gas industry;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-02 (All new papers)
- NEP-CIS-2013-03-02 (Confederation of Independent States)
- NEP-ENE-2013-03-02 (Energy Economics)
- NEP-TRA-2013-03-02 (Transition Economics)
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.:
- Catherine Locatelli, 2003. "The viability of deregulation in the russian gas industry," Post-Print halshs-00001308, HAL.
- Sylvain Rossiaud & Catherine Locatelli, 2009. "The obstacles in the way of stabilising the Russian oil model," Post-Communist Economies, Taylor & Francis Journals, vol. 21(4), pages 425-438.
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