Vulnerability and Bargaining Power in EU-Russia Gas Relations
This report contains three separate papers, each addressing selected issues concerning natural gas policy and security of gas supply in Europe. The over-arching themes are vulnerability (to supply disruptions, to supplier pricing power) and fragmentation; and measures designed to overcome them, namely interconnection and consolidation of bargaining power. The first paper contains a review of some of the economic effects of, and subsequent policy reactions to, the January 2009 cut of Russian gas supplies through the Ukraine Corridor, with a particular focus on Bulgaria and on EU policy. The second paper provides an analysis of the current state of gas relations between Ukraine and the Russian Federation, with a focus on the Ukrainian perspective and on recent political developments in that country. The third paper provides an analysis of the case for consolidating buyer power in line with the concept of an EU Gas Purchasing Agency.
|Date of creation:||Mar 2011|
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- Silve, F. & Noel, P., 2010. "Cost Curves for Gas Supply Security: The Case of Bulgaria," Cambridge Working Papers in Economics 1056, Faculty of Economics, University of Cambridge.
- Franziska Holz & Christian von Hirschhausen & Claudia Kemfert, 2006.
"A Strategic Model of European Gas Supply (GASMOD),"
Discussion Papers of DIW Berlin
551, DIW Berlin, German Institute for Economic Research.
- Julia Woerz & Catherine Keppel, 2010. "The Impact of the Global Recession in Europe - The Role of International Trade," Chapters in SUERF Studies, SUERF - The European Money and Finance Forum.
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- Greene, David L., 2010. "Measuring energy security: Can the United States achieve oil independence?," Energy Policy, Elsevier, vol. 38(4), pages 1614-1621, April.
- Chiara Fumagalli & Massimo Motta, 2006.
"Buyers’ miscoordination, entry, and downstream competition,"
CSEF Working Papers
152, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Chiara Fumagalli & Massimo Motta, 2008. "Buyers' Miscoordination, Entry and Downstream Competition," Economic Journal, Royal Economic Society, vol. 118(531), pages 1196-1222, 08.
- Umbach, Frank, 2010. "Global energy security and the implications for the EU," Energy Policy, Elsevier, vol. 38(3), pages 1229-1240, March.
- Tasneem Chipty & Christopher M. Snyder, 1999. "The Role Of Firm Size In Bilateral Bargaining: A Study Of The Cable Television Industry," The Review of Economics and Statistics, MIT Press, vol. 81(2), pages 326-340, May.
- Jansen, Jaap C. & Seebregts, Ad J., 2010. "Long-term energy services security: What is it and how can it be measured and valued?," Energy Policy, Elsevier, vol. 38(4), pages 1654-1664, April.
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