Russian natural gas exports—Will Russian gas price reforms improve the European security of supply?

摘要: In this paper we use both theoretical and numerical tools to study potential effects on Russian gas exports from different domestic prices production capacities in 2015. We also investigate whether a fully competitive European market may provide incentives for Gazprom, the dominant company, change its export behaviour. Our main findings suggest that increased sufficient are vital maintain Gazprom's share Europe over next decade. fact, Russia struggle carry out current long-term commitments if sufficiently low. At same time, approach net-back levels, Gazprom reduce favour of relatively more profitable market.