| By: |
Dominique Finon (CIRED - Centre international de recherche sur l'environnement et le développement - [CIRAD : UMR56][CNRS : UMR8568] - [Ecole des Hautes Etudes en Sciences Sociales][Ecole Nationale des Ponts et Chaussées][Ecole Nationale du Génie Rural des Eaux et des Forêts]);
Catherine Locatelli (LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - [CNRS : FRE2664] - [Université Pierre Mendès-France - Grenoble II]) |
| Abstract: |
This article analyses the economic risk associated with the dominant position
of the Russian vendor in the European market, with a view to assessing the
relevance of possible responses by European nations or the EU. It considers
various aspects of the Russian vendor's dependence on the European market,
before turning to the risks that Gazprom exerts market power on the European
market. It concludes by considering the relevance of the possible responses
open to the EU and member states to limit any risks by creating a gas single
buyer or more simply by encouraging the development of a denser pan-European
network, with additional sources of supply and increased market integration. |
| Keywords: |
GAZPROM ; INTERNATIONAL GAS MARKET ; DEPENDENCE ; EUROPEAN GAS MARKET |
| Date: |
2007–02–08 |
| URL: |
http://d.repec.org/n?u=RePEc:hal:papers:halshs-00129618_v1&r=cis |