IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v28y2016i3p281-299.html
   My bibliography  Save this article

Gazprom’s LNG offensive: a demonstration of monopoly strength or impetus for Russian gas sector reform?

Author

Listed:
  • James Henderson
  • Arild Moe

Abstract

Gazprom enjoys a dominant and privileged position in the Russian energy sector, and indeed in the economy as a whole. This article analyses the company’s failure to achieve the Russian state’s objectives for the country to become a force in the global LNG (liquefied natural gas) market. Has it weakened the company’s standing relative to other industry players and the authorities, with the possibility that they could unleash broader reforms in the Russian gas sector? Short-term political and economic considerations may slow progress towards a radical outcome, with Gazprom’s importance as a domestic and foreign policy tool providing some protection at a time of uncertainty for the Kremlin, but in the longer term it may well be the case that the liberalisation of LNG exports in December 2013 comes to be seen as the first step in a much broader reorganisation of the Russian gas sector.

Suggested Citation

  • James Henderson & Arild Moe, 2016. "Gazprom’s LNG offensive: a demonstration of monopoly strength or impetus for Russian gas sector reform?," Post-Communist Economies, Taylor & Francis Journals, vol. 28(3), pages 281-299, July.
    • Handle: RePEc:taf:pocoec:v:28:y:2016:i:3:p:281-299
    DOI: 10.1080/14631377.2016.1203206
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14631377.2016.1203206
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631377.2016.1203206?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Stern, Jonathan, 2005. "The Future of Russian Gas and Gazprom," OUP Catalogue, Oxford University Press, number 9780197300312.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Catherine Locatelli, 2020. "Une lecture institutionnaliste de la réforme du secteur gazier russe," Working Papers hal-02734835, HAL.
    2. Locatelli, C., 2020. "Une lecture institutionnaliste de la réforme du secteur gazier russe," Working Papers 2020-04, Grenoble Applied Economics Laboratory (GAEL).
    3. Mangirdas Morkunas & Gintaras Cernius & Gintare Giriuniene, 2019. "Assessing Business Risks of Natural Gas Trading Companies: Evidence from GET Baltic," Energies, MDPI, vol. 12(14), pages 1-14, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rawi Abdelal, 2013. "The profits of power: Commerce and realpolitik in Eurasia," Review of International Political Economy, Taylor & Francis Journals, vol. 20(3), pages 421-456, June.
    2. Catherine Locatelli, 2013. "Les voies de la réforme du secteur gazier russe," Post-Print halshs-00822857, HAL.
    3. Finon, Dominique & Locatelli, Catherine, 2008. "Russian and European gas interdependence: Could contractual trade channel geopolitics?," Energy Policy, Elsevier, vol. 36(1), pages 423-442, January.
    4. Orlov, Anton, 2015. "An assessment of optimal gas pricing in Russia: A CGE approach," Energy Economics, Elsevier, vol. 49(C), pages 492-506.
    5. Marina Tsygankova, 2007. "The Export of Russian Gas to Europe: Breaking Up the Monopoly of Gazprom," Energy and Environmental Modeling 2007 24000062, EcoMod.
    6. Marina Tsygankova, 2008. "Netback pricing as a remedy for the Russian gas deficit," Discussion Papers 554, Statistics Norway, Research Department.
    7. Edoardo Lelli, 2009. "Black Gold and Blue Gold: The Importance of Energy in the New Power Policy of the Russian Federation," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 15(4), pages 746-758, February.
    8. Marina Tsygankova, 2007. "When is Mighty Gazprom Good for Russia?," Discussion Papers 526, Statistics Norway, Research Department.
    9. Hubert Franz & Cobanli Onur, 2015. "Pipeline Power: A Case Study of Strategic Network Investments," Review of Network Economics, De Gruyter, vol. 14(2), pages 75-110, June.
    10. Eirik Lund Sagen & Marina Tsygankova, 2006. "Russian Natural Gas Exports to Europe. Effects of Russian gas market reforms and the rising market power of Gazprom," Discussion Papers 445, Statistics Norway, Research Department.
    11. repec:bla:opecrv:v:32:y:2008:i:4:p:301-322 is not listed on IDEAS
    12. Dominique Finon & Catherine Locatelli, 2008. "Russian and European gas interdependence. Can market forces balance out geopolitics?," Post-Print halshs-00129618, HAL.
    13. Dorigoni, Susanna & Graziano, Clara & Pontoni, Federico, 2010. "Can LNG increase competitiveness in the natural gas market?," Energy Policy, Elsevier, vol. 38(12), pages 7653-7664, December.
    14. Dominique Finon & Catherine Locatelli, 2006. "L'interdépendance gazière de la Russie et de l'Union européenne : quel équilibre entre le marché et la géopolitique ?," Post-Print halshs-00119602, HAL.
    15. Tsygankova, Marina, 2012. "An evaluation of alternative scenarios for the Gazprom monopoly of Russian gas exports," Energy Economics, Elsevier, vol. 34(1), pages 153-161.
    16. Tsygankova, Marina, 2010. "When is a break-up of Gazprom good for Russia?," Energy Economics, Elsevier, vol. 32(4), pages 908-917, July.
    17. Olga Garanina, 2007. "Russian- Chinese relations : towards an energy partnership," Post-Print halshs-00260560, HAL.
    18. De Kort, Joop & Dragneva, Rilka, 2006. "Russia's role in fostering the CIS trade regime," MPRA Paper 21291, University Library of Munich, Germany.
    19. Sabit Bagirov & Leonid Grigoriev & Wojciech Paczynski & Vladimer Papava & Marcel Salikhov & Michael Tokmazishvili, 2009. "Energy Trade and Cooperation Between the EU and CIS Countries," CASE Network Reports 0083, CASE-Center for Social and Economic Research.
    20. Brkic, Dejan, 2009. "Serbian gas sector in the spotlight of oil and gas agreement with Russia," Energy Policy, Elsevier, vol. 37(5), pages 1925-1938, May.
    21. Reymond, Mathias, 2007. "European key issues concerning natural gas: Dependence and vulnerability," Energy Policy, Elsevier, vol. 35(8), pages 4169-4176, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:28:y:2016:i:3:p:281-299. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.