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The Future of Russian Gas and Gazprom
The Russian gas industry provides 50% of Russian domestic energy supplies, a substantial proportion of CIS gas supplies, and around 20% of European gas demand. Declines in production at existing fields mean that Gazprom will face increasingly difficult decisions about moving to higher cost fields on the Yamal Peninsula. The alternative will be increasing imports from Central Asian countries and allowing other Russian gas producers to increase their role in the industry. Russian exports to Europe will gradually increase and deliveries of Russian LNG will commence to Asia and the both coasts of North America. Pipeline gas deliveries to East Asian countries may have a longer time horizon. Expor...
Competition and Liberalization in European Gas Markets
This study traces the breakdown of market management in European gas markets and the emergence of gas-to-gas competition and liberalized access to networks. A surplus of gas supply and pipeline capacity, combined with institutional change to reduce monopoly power and bring new entrants into the industry, are the most important drivers for change.
Natural Gas in Asia
The future energy needs of China, India, and the rest of Asia are considerable. Will gas supplies respond to this expanding demand? Large-scale projects will have to be implemented in Russia, the Central Asian Republics, and the Middle East to bring required supplies to Asian markets in the years to 2020. This book assesses the economic opportunities, political obstacles, and other challenges to these projects.
