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Energy Trade and Cooperation Between the EU and CIS Countries

Author

Listed:
  • Sabit Bagirov
  • Leonid Grigoriev
  • Wojciech Paczynski
  • Vladimer Papava
  • Marcel Salikhov
  • Michael Tokmazishvili

Abstract

The report reviews key issues in energy trade and cooperation between the EU and CIS countries. It describes historical trends of oil and gas demand in the EU, other European and CIS countries and offers demand forecasts until 2030. Recent developments in oil and gas production and exports from Russia and Caspian countries are covered in detail leading to the discussion of the likely export potential of these regions. The key factors determining the production outlook, trade-offs and competition related to energy resources transportation choices are also discussed. The report also covers the interests and role of transit countries in relations between producer and consumer regions. The analytical section leads to policy recommendations that focus mainly on the EU.

Suggested Citation

  • 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.
    • Handle: RePEc:sec:cnrepo:0083
    as

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    References listed on IDEAS

    as
    1. Mr. Noureddine Krichene, 2005. "A Simultaneous Equations Model for World Crude Oil and Natural Gas Markets," IMF Working Papers 2005/032, International Monetary Fund.
    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.
    3. 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)

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    More about this item

    Keywords

    energy supply; energy demand; gas and oil resources; Caspian countries; EU; Russia; Caucasus.;
    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
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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