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Perspectives of Common EAEU Oil and Gas Markets

In: The Economic Dimension of Eurasian Integration

Author

Listed:
  • Olga L. Garanina

    (St. Petersburg University)

Abstract

This chapter aims to outline perspectives of Eurasian Economic Union (EAEU) integration in the energy sector, with a focus on the oil and gas industry. The EAEU energy markets integration project faces numerous challenges: differences in terms of resource endowment, unequal economic weight of partners, non-market pricing conditions, and political constraints which complicate harmonization of energy policies across the EAEU members. This chapter subsequently covers the following aspects: (i) current state of integration initiatives in the oil and gas industry; (ii) analysis of economic interests toward energy markets integration; and (iii) political and economic constraints to the integration process.

Suggested Citation

  • Olga L. Garanina, 2021. "Perspectives of Common EAEU Oil and Gas Markets," Springer Books, in: Natalia A. Piskulova (ed.), The Economic Dimension of Eurasian Integration, chapter 0, pages 107-123, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-59886-0_5
    DOI: 10.1007/978-3-030-59886-0_5
    as

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