This paper by Jonathan Stern and Howard Rogers argue that Continental European gas markets are moving inexorably from oil-linked to hub-based pricing. Market prices for gas increasingly reflect a complex combination of national regional and global supply and demand for gas rather than oil products. An increasingly competitive European gas market created by third party […]
President Putin’s comment that Russia will study the possibility of creating a “gas-OPEC” created a wave of newspaper headlines. Jonathan Stern argues that gas-OPEC is a distraction from much more important issues which have recently emerged in gas trade between Russia and Europe.
Natural gas production in the markets of organisation for economic cooperation and development (OECD) countries such as North America and Europe is beginning to decline, while demand for gas is boosted by new investments in gas-fired power generation, and by increased environmental awareness. The need to import gas, and henceforth to trade it internationally, has […]
OIES study on Russia’s refining system reviewed: Plans for further additions of more complex refining units have be… https://t.co/GTmB7XB5g0
New OIES paper on Russian refining sector and fuel oil exports: From 2015, as a result of new export tax policies,… https://t.co/2OFbXIbbUX
Russia’s heavy fuel oil exports: challenges and changing rules at home and abroad https://t.co/cDMQaw7xP9