This edited collection focuses on the impact of the changing global distribution of power on the EU’s energy policy and ability to project its approach to energy-related issues abroad. It maps the EU’s changing position on global energy, the impact of various factors on its energy policy, and its relations with Russia, China, the USA and Brazil.
This book explores varying outcomes of energy cooperation, defined as diplomatic relations, bilateral trade, and investment in oil and natural gas. It looks at economic potential, geopolitical rivalry, and domestic interest groups in the cases of U.S.-Russia, U.S.-Azerbaijan, and Russia-Germany energy ties.
The Russian gas market is highly regulated. In this paper we examine possible impacts of regulatory changes on the demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas subsidies, and how changes in Russian gas consumption may
affect its gas export to Europe
This OIES paper is an update on the book Sino-Russian Oil and Gas Coooperation by Keun-Wook Paik published by OUP in 2012
This paper analyses the fundamental drivers of Russian oil production in the current low oil price environment, highlighting a number of dichotomies currently at work…
What causes ‘gas wars’ between Russia and Ukraine? In this paper I argue that contract disputes in the eastern European gas sector are specific instances of a broader set of phenomena: bargains over strategically important resource issues outside of any international framework to facilitate cooperation…
Russia has been reforming its domestic gas transportation regime since the mid-2000s and achieved significant progress, the extent of which has been largely underestimated by European observers. This is not surprising as the latter have traditionally viewed the lack of ownership unbundling and the existence of Gazprom’s pipeline export monopoly as the sole criteria for measuring the reform’s success…
This AEI report strives to shed light on these uncertainties with the aim of providing realistic scenarios for the global energy outlook to 2030.
China’s energy needs have been a major factor shaping the global energy landscape in the 21st century. A significant contributor to rising global energy consumption and increasing prices over the last decade, the country is being actively courted by the world’s largest oil and gas exporters as a pivotal growth market for the future…
The cancellation of the South Stream gas pipeline across the Black Sea may signal a fundamental reorientation of Russian gas export policy. Its replacement by similar pipelines direct to Turkey, and the abandonment of Gazprom’s long time strategy of supplying gas directly to European customers, comes in the wake of financial sanctions and an inability to negotiate the construction of new pipelines within the EU due to Third Energy Package regulation…
Russia’s turn to Asian energy markets started well before punitive sanctions were imposed by the international community. The international community politicized trade in energy after having interpreted Russia’s position on the Ukrainian crisis as a demonstration of Russia’s imperial ambitions and attempt to rebuild the Soviet Union against the Ukraine’s sovereign will to seek closer economic ties with the European Union (EU) and not with the Russia-led Eurasian Economic Union (EEU)…
The implications of Russia’s gas contracts with China and the United States’ export of gas for Australia’s energy security in the Asian region…
Trust in Norwegian-Russian energy relations is one in the making. Both sides have actively pursued to build trust, particularly over the past decade. The process has been driven by shared economic interests, the prominence of the petroleum industry in both countries, and a desire to improve political relations on both sides…
There is limited scope for significantly reducing overall European dependence on Russian gas before the mid-2020s. Countries in the Baltic region and south eastern Europe which are highly dependent on Russian gas, and hence extremely vulnerable to interruptions, could substantially reduce and even eliminate imports of Russian gas by the early 2020s, by a combination of LNG and pipeline gas from Azerbaijan. Similar measures could reduce (but not eliminate) the dependence of central Europe and Turkey on Russian gas…
New Economics Papers Energy Economics (REPEC)
