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Energy institutional and organisational changes in EU and Russia: Revisiting gas relations

Listed author(s):
  • Boussena, S.
  • Locatelli, C.
Registered author(s):

    This 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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    File URL: http://www.sciencedirect.com/science/article/pii/S030142151201035X
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    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 55 (2013)
    Issue (Month): C ()
    Pages: 180-189

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    Handle: RePEc:eee:enepol:v:55:y:2013:i:c:p:180-189
    DOI: 10.1016/j.enpol.2012.11.052
    Contact details of provider: Web page: http://www.elsevier.com/locate/enpol

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    1. Catherine Locatelli, 2008. "Gazprom's export strategies under the institutional constraint of the Russian gas market," Post-Print halshs-00341660, HAL.
    2. Locatelli, Catherine & Rossiaud, Sylvain, 2011. "A neoinstitutionalist interpretation of the changes in the Russian oil model," Energy Policy, Elsevier, vol. 39(9), pages 5588-5597, September.
    3. Catherine Locatelli & Sylvain Rossiaud, 2011. "A neoinstitutionalist interpretation of the changes in the Russian oil model," Post-Print halshs-00631115, HAL.
    4. repec:dau:papers:123456789/12332 is not listed on IDEAS
    5. Hauteclocque, Adrien de & Glachant, Jean-Michel, 2009. "Long-term energy supply contracts in European competition policy: Fuzzy not crazy," Energy Policy, Elsevier, vol. 37(12), pages 5399-5407, December.
    6. 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.
    7. Catherine Locatelli, 2008. "Gazprom's export strategies under the institutional constraint of the Russian gas market," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 32(3), pages 246-264, 09.
    8. Hubbard, R Glenn & Weiner, Robert J, 1986. "Regulation and Long-term Contracting in U.S. Natural Gas Markets," Journal of Industrial Economics, Wiley Blackwell, vol. 35(1), pages 71-79, September.
    9. Sylvain Rossiaud & Catherine Locatelli, 2009. "The obstacles in the way of stabilizing the russian oil model," Post-Print halshs-00321227, HAL.
    10. Catherine Locatelli, 2003. "The viability of deregulation in the russian gas industry," Post-Print halshs-00001308, HAL.
    11. Jacques Percebois, 2008. "The supply of natural gas in the European Union-strategic issues," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 32(1), pages 33-53, 03.
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