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The Russian gas industry : challenges to the "Gazprom model"

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  • Catherine Locatelli

    () (équipe EDDEN - Pacte, Laboratoire de sciences sociales - UPMF - Université Pierre Mendès France - Grenoble 2 - UJF - Université Joseph Fourier - Grenoble 1 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes)

Abstract

The Russian gas sector is undergoing significant changes which is opening the way for an original reform. Because of the particular institutional and economic context of the country, this reorganisation is not taking place along the lines of the de-integrated model of the EU. It is characterised by increasingly significant competitive fringes. Gazprom remains the main actor of the Russian gas industry but the company is facing challenges on its main export market and an increasing competition at home with the arrival of new gas firms, independents and Russian oil companies. For Gazprom, the aim issue is to develop more flexible strategies for export markets but also on its internal market. These internal changes will not be without consequence on the country's export strategy and the implication for international markets could be considerable.

Suggested Citation

  • Catherine Locatelli, 2014. "The Russian gas industry : challenges to the "Gazprom model"," Post-Print halshs-00853776, HAL.
  • Handle: RePEc:hal:journl:halshs-00853776
    DOI: 10.1080/14631377.2014.874232
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00853776
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    File URL: https://halshs.archives-ouvertes.fr/halshs-00853776/document
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    References listed on IDEAS

    as
    1. Catherine Locatelli, 2008. "Gazprom's export strategies under the institutional constraint of the Russian gas market," Post-Print halshs-00341660, HAL.
    2. 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.
    3. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    4. Rudiger Ahrend & William Tompson, 2004. "Russia's Gas Sector: The Endless Wait for Reform?," OECD Economics Department Working Papers 402, OECD Publishing.
    5. 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, September.
    6. Dudek, Daniel J. & Golub, Alexander A. & Strukova, Elena B., 2006. "Should Russia increase domestic prices for natural gas?," Energy Policy, Elsevier, vol. 34(13), pages 1659-1670, September.
    7. Avinash Dixit, 2009. "Governance Institutions and Economic Activity," American Economic Review, American Economic Association, vol. 99(1), pages 5-24, March.
    8. Sylvain Rossiaud & Catherine Locatelli, 2009. "The obstacles in the way of stabilizing the russian oil model," Post-Print halshs-00321227, HAL.
    9. Catherine Locatelli, 2003. "The viability of deregulation in the russian gas industry," Post-Print halshs-00001308, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Catherine Locatelli, 2015. "Les échanges gaziers entre la Russie et la Chine à l’ aune de leur sécurité énergétique," Post-Print hal-01206226, HAL.
    2. Giovanni Covi, 2014. "Dutch disease and sustainability of the Russian political economy," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(2), pages 75-110.
    3. Locatelli, C., 2018. "La confrontation des systèmes institutionnels nationaux dans l'interdépendance : les échanges gaziers UE-Russie," Working Papers 2018-03, Grenoble Applied Economics Laboratory (GAEL).
    4. Catherine Locatelli & Mehdi Abbas & Sylvain Rossiaud, 2015. "Russia and China hydrocarbon relations A building block toward international hydrocarbon regulation?," Working Papers hal-01246346, HAL.
    5. Catherine Locatelli, 2018. "La confrontation des systèmes institutionnels nationaux dans l'interdépendance : les échanges gaziers UE-Russie," Working Papers hal-01715932, HAL.

    More about this item

    Keywords

    Gazprom; gas industry; institutional analysis; reform of the gas organisational model; Russia;

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