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Prospects for Exports of Russian Gas

Author

Listed:
  • Drebentsov, V.

    (BP p.l.c., Moscow, Russia)

Abstract

An author reviews key new trends at Russia's domestic gas market and their implications for Russia's gas exports and for future dynamics of gas production in Russia. The article also looks at those changes at Russia's existing export markets - Europe and FSU - and potential new markets -primarily China - that have already happened or are coming. An author concludes that competition with the Russian gas will only keep growing, particularly because of the EU general policy to limit the role of natural gas in its fuel mix, and its particular policies targeting reduction of depend-ence on Russian gas. LNG growth will make this competition ever more severe. Russian exporters will have to utilize the full potential of cost reduction.

Suggested Citation

  • Drebentsov, V., 2015. "Prospects for Exports of Russian Gas," Journal of the New Economic Association, New Economic Association, vol. 25(1), pages 163-176.
    • Handle: RePEc:nea:journl:y:2015:i:25:p:163-176
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    More about this item

    Keywords

    natural gas; EU gas market; Russian gas market; China gas market; gas price; LNG; gas trade;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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