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The changes on the EU gas market are likely to affect Europe's relations with its natural gas suppliers who are facing increasing competition. Heading this list of producing countries is Russia. Gas relations between Russia and the EU are characterized by strong interdependence. But these...
Persistent link: https://www.econbiz.de/10008871217
Russia is the world's biggest natural gas producer, with output of 581 bn m3 in 2001, and is also a key supplier of the European gas market (around 30% of current EU gas imports). Therefore gas exports rank with oil exports as an essential variable of Russian economic policy, and any...
Persistent link: https://www.econbiz.de/10008788882
The crisis between Russia and Georgia in August 2008 highlights the fragility and instability of transporting gas from the Caspian and Central Asia to Europe via the "Caucasus transit corridor". The feasibility of one of the EU's possible strategies for diversifying its energy supplies might now...
Persistent link: https://www.econbiz.de/10008790352
The reforms and privatisation programmes of the 1990s structured the Russian oil industry around a few large national and private companies. This organisational structure poses some questions in respect of the Russian authorities will to take back the oil sector. Three factors may explain this...
Persistent link: https://www.econbiz.de/10008790535
Privatisation is at the heart of the structural reforms for economies in transition. In theory, the main aim of privatisation is to change the structures of corporate governance in order to improve the efficiency of the enterprises and to assure their long-term future in a competitive...
Persistent link: https://www.econbiz.de/10008790563
Russia is the world's biggest natural gas producer, with output of 581 bn m3 in 2001, and is also a key supplier of the European gas market (around 30% of current EU gas imports). Therefore gas exports rank with oil exports as an essential variable of Russian economic policy, and...
Persistent link: https://www.econbiz.de/10008791029
World reserves of natural gas are abundant and expected to increase up to 2050. World gas production is projected to more than double between 2000 and 2050. However, regional disparities in gas reserves and production costs are expected to modify the regional gas supply pattern in 2050: about...
Persistent link: https://www.econbiz.de/10008791176
This article analyses the economic risk associated with the dominant position of the Russian vendor in the European market, with a view to assessing the relevance of possible responses by European nations or the EU. It considers various aspects of the Russian vendor's dependence on the European...
Persistent link: https://www.econbiz.de/10008791826
Dans le nouveau contexte pétrolier mondial, la Russie tente de définir une stratégie pétrolière plus cohérente et plus équilibrée que celle qui a prévalu dans les années quatre-vingt-dix. Les échecs de la privatisation l'ont conduit à réévaluer en profondeur sa politique...
Persistent link: https://www.econbiz.de/10008792129
Russia's gas strategy is currently undergoing fundamental changes. The internationalisation of Russia's gas exchanges is at the heart of Gazprom's strategy. The institutional and organisational developments in its principal export market, that of the European Union is a major challenge that...
Persistent link: https://www.econbiz.de/10008792368