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The Economics of Cross-border Oil and Gas Pipelines Involving Transit

In: Cross-border Oil and Gas Pipelines and the Role of the Transit Country: Economics, Challenges, and Solutions

Author

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  • Ekpen James Omonbude

Abstract

This chapter reviews and analyses the literature on the economics of pipelines in general. The primary intention is to identify and define the economic characteristics of cross-border and transit pipelines. The technical, economic, and political factors discussed in this chapter are relevant to an understanding of how pipelines work. The impact of these factors on the transit fee is examined. The aim is to provide a basis for generalisations regarding transit fees, and to provide the basic tools to answer the question of whether a pipeline agreement that is reasonable, objective, transparent, and non-discriminatory does exist or can exist in the long term.

Suggested Citation

  • Ekpen James Omonbude, 2013. "The Economics of Cross-border Oil and Gas Pipelines Involving Transit," Palgrave Macmillan Books, in: Cross-border Oil and Gas Pipelines and the Role of the Transit Country: Economics, Challenges, and Solutions, chapter 2, pages 10-34, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-27452-6_2
    DOI: 10.1057/9781137274526_2
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    Cited by:

    1. Simone Tagliapietra, 2014. "Turkey as a Regional Natural Gas Hub: Myth or Reality? An Analysis of the Regional Gas Market Outlook, beyond the Mainstream Rhetoric," Working Papers 2014.02, Fondazione Eni Enrico Mattei.
    2. Cardinale, Roberto, 2019. "The profitability of transnational energy infrastructure: A comparative analysis of the Greenstream and Galsi gas pipelines," Energy Policy, Elsevier, vol. 131(C), pages 347-357.

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