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Potential Futures for Russian Natural Gas Exports

Author

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  • Peter R. Hartley
  • Kenneth B. Medlock III

Abstract

Russia is a dominant supplier of natural gas, especially to Europe, and has the resources to become even more dominant in the future. Nevertheless, we show that Russia’s ability to influence the world natural gas market is limited in the longer term by competition from alternative suppliers.

Suggested Citation

  • Peter R. Hartley & Kenneth B. Medlock III, 2009. "Potential Futures for Russian Natural Gas Exports," The Energy Journal, , vol. 30(1_suppl), pages 73-96, June.
    • Handle: RePEc:sae:enejou:v:30:y:2009:i:1_suppl:p:73-96
    DOI: 10.5547/ISSN0195-6574-EJ-Vol30-NoSI-6
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    Cited by:

    1. Paltsev, Sergey & Jacoby, Henry D. & Reilly, John M. & Ejaz, Qudsia J. & Morris, Jennifer & O'Sullivan, Francis & Rausch, Sebastian & Winchester, Niven & Kragha, Oghenerume, 2011. "The future of U.S. natural gas production, use, and trade," Energy Policy, Elsevier, vol. 39(9), pages 5309-5321, September.
    2. Youngho Chang & Dang Thi Quynh Trang & Tsiat Siong Tan & Farhad Taghizadeh-Hesary, 2021. "Competition and cooperation in the natural gas market: a game-theoretic demand-base analysis," Asia Europe Journal, Springer, vol. 19(1), pages 21-49, December.
    3. Richter, Philipp M. & Holz, Franziska, 2015. "All quiet on the eastern front? Disruption scenarios of Russian natural gas supply to Europe," Energy Policy, Elsevier, vol. 80(C), pages 177-189.
    4. Finn Roar Aune & Rolf Golombek & Arild Moe & Knut Einar Rosendahl & Hilde Hallre Le Tissier, 2015. "Liberalizing Russian Gas Markets: An Economic Analysis," The Energy Journal, , vol. 36(1_suppl), pages 63-98, June.
    5. World Bank, 2011. "Russia : Reshaping Economic Geography," World Bank Publications - Reports 13052, The World Bank Group.
    6. Le Coq, Chloé & Paltseva, Elena, 2012. "Assessing gas transit risks: Russia vs. the EU," Energy Policy, Elsevier, vol. 42(C), pages 642-650.
    7. Gijsbert T.J. Zwart, 2009. "European Natural Gas Markets: Resource Constraints and Market Power," The Energy Journal, , vol. 30(1_suppl), pages 151-166, June.
    8. Alexios Skarakis & Athanasios Dagoumas, 2017. "An Optimization Model of the European Natural Gas System," International Journal of Energy Economics and Policy, Econjournals, vol. 7(6), pages 48-60.
    9. Gijsbert T.J. Zwart, 2009. "European Natural Gas Markets: Resource Constraints and Market Power," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 151-166.
    10. Paltsev, Sergey, 2014. "Scenarios for Russia's natural gas exports to 2050," Energy Economics, Elsevier, vol. 42(C), pages 262-270.
    11. Youngho Chang & Ridwan D. Rusli & Jackson The, 2024. "German Energy Transition and Energy Security," DEM Discussion Paper Series 24-09, Department of Economics at the University of Luxembourg.
    12. Adrienn Selei & Borbála Tóth & Gustav Resch & László Szabó & Lukas Liebmann & Péter Kaderják, 2017. "How far is mitigation of Russian gas dependency possible through energy efficiency and renewable policies assuming different gas market structures?," Energy & Environment, , vol. 28(1-2), pages 54-69, March.
    13. Chyong, Chi Kong & Hobbs, Benjamin F., 2014. "Strategic Eurasian natural gas market model for energy security and policy analysis: Formulation and application to South Stream," Energy Economics, Elsevier, vol. 44(C), pages 198-211.
    14. Foster, John & Wagner, Liam & Liebman, Ariel, 2015. "Modelling the Electricity and Natural Gas Sectors for the Future Grid: Developing Co-Optimisation Platforms for Market Redesign," MPRA Paper 70114, University Library of Munich, Germany.
    15. Moerenhout, Tom S.H. & Sharma, Shruti & Urpelainen, Johannes, 2019. "Commercial and industrial consumers’ perspectives on electricity pricing reform: Evidence from India," Energy Policy, Elsevier, vol. 130(C), pages 162-171.
    16. Chyong, Chi Kong & Henderson, James, 2024. "Quantifying the economic value of Russian gas in Europe in the aftermath of the 2022 war in Ukraine," Energy, Elsevier, vol. 292(C).

    More about this item

    Keywords

    Natural gas exports; Russia; EU; LNG; pipelines; energy security;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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