Country And Regional Studies

The Impact of the Russia–Ukraine Gas Crisis in South Eastern Europe

Published: 1^st March 2009| By: Aleksandar Kovacevic

At the beginning of 2009, South Eastern Europe (including Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Former Yugoslav Republic (FYR) Macedonia, Montenegro, Romania, Serbia and Kosovo) was simultaneously hit by three external shocks: an extended period of cold weather, disruption in natural gas supply from the Russian federation and financial crisis.

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Categories / Country and Regional Studies, Energy Economics, Energy Security, Gas, Gas Programme, Working Papers

Tags / , Gas Routes, Infrastructure, NG 29, NG29, Russia-Ukraine Crisis, Seasonal Fluctuations, South East Europe, Supply Disruption, Weather Sensitivity

A New Paradigm for Natural Gas Pricing in Asia: A Perspective on Market Value

Published: 1^st February 2009| By: Akira Miyamoto, Chikako Ishiguro

Propelled in part by rising awareness of environmental issues, natural gas consumption is growing strongly in the Asia-Pacific region; while annual world growth averaged 2.7 per cent over the ten years from 1997 to 2007, consumption in the region soared 5.9 per cent.3 Trade in natural gas in this region revolves mainly around liquefied natural [...]

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Categories / Country and Regional Studies, Energy Economics, Energy Policy, Energy Security, Gas, Gas Programme, Working Papers

Tags / , Asia-Pacific Region, China, Gas Prices, India, Japan, Korea, LNG, Netback Market Value, NG28, PNG

The Russo-Ukrainian gas dispute of January 2009: a comprehensive assessment

Published: 1^st February 2009| By: Jonathan Stern, Katja Yafimava, Simon Pirani

The gas dispute between Russia and Ukraine in January 2009 was by far the most serious of its kind. The two sides failed to agree a price for Russian gas supply to Ukraine and a tariff for the transit of Russian gas to Europe before previous agreements expired on 31 December 2008. Russian exports to [...]

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Categories / Country and Regional Studies, Energy Economics, Energy Policy, Energy Security, Gas, Gas Programme, Working Papers

Tags / , Dispute, Diversification, East Europe, Energy Charter Treaty, Gas Prices, Gas Routes, Gazprom, Netback Prices, NG 27, NG27, Reputation, Russia-Ukraine Crisis

Charting the Gaps: EU regulation of gas transmission tariffs in the Netherlands and the UK

Published: 1^st January 2009| By: Manuel Klop

In November 2007, after over ten years of gas market integration, the European Commission acknowledged that ‘a regulatory gap remains on cross-border issues’

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Categories / Country and Regional Studies, Energy Economics, Energy Policy, Energy Security, Gas, Gas Programme, Working Papers

Tags / , Cost-reflectivity, Entry-Exit, European Union, Framework, Gas Transmission Regulations, Implementation, Liberalisation, NG 26, NG26, Tariffication Methodology, Tariffs, Third Party Access

North African Oil and Foreign Investment in Changing Market Conditions

Published: 14^th November 2008| By: Bassam Fattouh

The oil sectors in the North African countries of Algeria, Libya, Egypt and Sudan have witnessed major transformations in the past decade or so. In Algeria, government reforms in the mid 1980s resulted in the entry of a wide range foreign oil companies to an oil sector previously dominated by the state-owned oil company. In [...]

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Categories / Country and Regional Studies, Energy Economics, Energy Policy, Energy Security, Finance, Oil, Oil & Middle East Programme, Working Papers

Tags / , Algeria, Egypt, fiscal terms, Libya, North Africa, Oil Contracts, psa. epsa, rent, Sudan, WPM 37, WPM37

Kazakhstan’s gas: export markets and export routes

Published: 1^st November 2008| By: Shamil Midkhatovich Yenikeyeff

The geographic proximity of Kazakhstan to Russia, China, Central Asia and the Caspian region makes this oil and gas-producing country an important player in energy exports from the CIS. The method with which Kazakhstan – the second largest oil and gas producer in the former USSR after Russia – chooses to develop its gas resources [...]

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Categories / Country and Regional Studies, Energy Economics, Energy Policy, Gas, Gas Programme, Working Papers

Tags / , Caspian, Central Asia, Exports, Gas Markets, Gas Routes, Imports, Kashagan, Kazakhstan, LNG, NG 25, NG25, Russia, Soviet

European gas market liberalisation: Are regulatory regimes moving towards convergence?

Published: 1^st May 2008| By: Nadine Hasse

In the 1980s and 1990s, privatisation and liberalisation of European gas markets emerged on the political agenda. Back then, “many of the established actors in European gas industry still regarded the introduction of liberalisation as the equivalent of the end of civilisation” (Stern, 1998: 91). Ever since, attempts to liberalise European gas markets were facing [...]

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Categories / Country and Regional Studies, Energy Economics, Energy Policy, Energy Security, Gas, Gas Programme, Working Papers

Tags / , Best-Practice, Convergence, European Union, Framework, Gas Directives, Gas Market Liberalisation, Legislation, Madrid Forum, NG 24, NG24, Regulation, Tariff, Unbundling