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The obstacles in the way of stabilising the Russian oil model

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  • Sylvain Rossiaud
  • Catherine Locatelli

Abstract

This article deals with the current change of the institutional and organisational framework of the Russian oil industry. Regarding this evolution, the main characteristic is the increasing involvement of national oil companies in upstream activities. The aim is to explain this reorganisation by relying on the New Institutional Economics framework. These theoretical works highlight that institutional environment and governance structures complement each other. We argue that the current reorganisation is an attempt to increase the coherence of the institutional arrangements governing transactions between the Russian state and private oil companies.

Suggested Citation

  • 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.
    • Handle: RePEc:taf:pocoec:v:21:y:2009:i:4:p:425-438
    DOI: 10.1080/14631370903339831
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Catherine Locatelli, 2015. "EU-Russia trading relations: the challenges of a new gas architecture," European Journal of Law and Economics, Springer, vol. 39(2), pages 313-329, April.
    2. Agnieszka Ziomek, 2010. "Economics Performance and Institutional Economics in Poland After 1989," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(5), pages 1553-1565, November.
    3. Catherine Locatelli, 2014. "The Russian gas industry: challenges to the 'Gazprom model'?," Post-Communist Economies, Taylor & Francis Journals, vol. 26(1), pages 53-66, March.
    4. Catherine Locatelli, 2012. "Relations UE-Russie : les enjeux d'une nouvelle architecture gazière," Post-Print halshs-00755640, HAL.
    5. Boussena, S. & Locatelli, C., 2013. "Energy institutional and organisational changes in EU and Russia: Revisiting gas relations," Energy Policy, Elsevier, vol. 55(C), pages 180-189.
    6. repec:hal:wpaper:halshs-00853776 is not listed on IDEAS
    7. Sadek Boussena & Catherine Locatelli, 2011. "La sécurité, question clé des relations gazières entre l'UE et la Russie," Post-Print halshs-00625223, HAL.
    8. Nadia Vanteeva, 2012. "The Re-Emerging Role of the State in Contemporary Russia," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 19(1), pages 23-34, September.
    9. Catherine Locatelli, 2011. "Quelle politique russe pour le secteur des hydrocarbures ?," Post-Print halshs-00561596, HAL.
    10. Sylvain Rossiaud & Catherine Locatelli, 2011. "Les évolutions du modèle pétrolier russe : une réponse institutionnelle à la crise de l'industrie," Mondes en développement, De Boeck Université, vol. 0(1), pages 99-110.

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