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Russian gas exports have potential to grow through 2020

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  • Fernandez, Rafael

Abstract

This paper analyzes the potential for Russian gas export growth through the next decade and concludes that supply for exports will continue to grow, albeit moderately. The greater or lesser intensity of that growth will depend on the evolution of both production and internal consumption. From the production side, the pace of growth depends on the status of gas reserves and, more importantly, on the investment program pursued by the State-owned gas giant Gazprom. From the demand side, evolution depends on the way Russia's wide potential for gas savings is managed. Through this analysis, we find three likely scenarios for Russian gas exports. In the most positive, diversification of exports will be possible. In the most negative, Russia will have scant opportunity to develop an export diversification strategy.

Suggested Citation

  • Fernandez, Rafael, 2009. "Russian gas exports have potential to grow through 2020," Energy Policy, Elsevier, vol. 37(10), pages 4029-4037, October.
    • Handle: RePEc:eee:enepol:v:37:y:2009:i:10:p:4029-4037
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    References listed on IDEAS

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    1. Stern, Jonathan, 2005. "The Future of Russian Gas and Gazprom," OUP Catalogue, Oxford University Press, number 9780197300312.
    2. Andris Piebalgs, 2006. "Green paper: A European strategy for sustainable, competitive and secure energy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(02), pages 8-20, July.
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    Cited by:

    1. Söderbergh, Bengt & Jakobsson, Kristofer & Aleklett, Kjell, 2010. "European energy security: An analysis of future Russian natural gas production and exports," Energy Policy, Elsevier, vol. 38(12), pages 7827-7843, December.
    2. Tavana, Madjid & Pirdashti, Mohsen & Kennedy, Dennis T. & Belaud, Jean-Pierre & Behzadian, Majid, 2012. "A hybrid Delphi-SWOT paradigm for oil and gas pipeline strategic planning in Caspian Sea basin," Energy Policy, Elsevier, vol. 40(C), pages 345-360.
    3. Orlov, Anton, 2015. "An assessment of optimal gas pricing in Russia: A CGE approach," Energy Economics, Elsevier, vol. 49(C), pages 492-506.

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    Keywords

    Russia Gazprom Energy policy;

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