The Oxford Institute for Energy Studies is launching a new research theme on the impact of Brexit on gas markets. This publication dealing with Security of Supply is the first of a series that will focus on Brexit as negotiations continue between the UK and the EU. We conclude that: 1) the UK needs to […]
Germany has set itself a huge challenge in trying to move away from fossil fuels and abandon nuclear power, while remaining a major industrial power. This challenge to create an Energiewende – an energy turnaround or transformation – has ambitious targets. David Buchan argues that Germany is on track to meet only one of its […]
In February 2012, during a period of extremely cold weather across Russia and large parts of Europe, Gazprom failed to supply all the gas that was requested from it by its non-CIS customers in countries ranging from Poland in the north to Italy and Greece in the south of Europe. This situation led to concerns […]
Much of the debate on European gas security which followed the Russia-Ukraine crisis of January 2009, neglected the fact that consumers which lost their gas supply were limited to countries in south Eastern Europe. Anastasios Giamouridis and Spiros Paleoyannis have reviewed the security of supply situation in the gas markets of South Eastern Europe by […]
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 […]
An agreement signed on 21 April 2010 by Russian president Dmitry Medvedev and his newly-elected Ukrainian counterpart Viktor Yanukovich provided for a 30% discount on Russian gas imported to Ukraine, in return for a 25-year extension of the lease to Russia of the Black Sea naval base at Sevastopol. The agreement came along with declarations […]
This paper is written at a time of significant change in the markets which import Liquefied Natural Gas (LNG) for some or all of their natural gas requirements. In 2009, the weak natural gas demand (a consequence of the global economic recession) observed in key Asian LNG importing countries, Europe and North America provided an […]
This study describes the development of the German gas market from 2006 to 2009 and its transition from a market situation where hardly any competition was observable to a market where competition is starting to take place. I already described in an earlier study in 2006 the development – or stagnation – of the German […]
The paper aims to provide an overview of the Ukrainian gas sector. Public discussion in western Europe has turned to Ukraine as a transit country – through which more than four-fifths of Russian gas exports to Europe pass – when its disputes with Russia have threatened to interrupt supply. Such an occasion was in the […]
The European Union (EU) began a liberalization process during the past decade, in order to create an internal market for gas by breaking up vertically integrated national companies, allowing entry on the supply side and consumer switching on the demand side. The final aim of this process – to create a single market for gas […]
South East Europe remains the most underdeveloped region in Europe in terms of energy and energy governance. The region’s energy endowment is well below the European average. It is naturally dependent on imports and limited indigenous resources such as hydro, lignite and biomass. Eventual sustainable use of these indigenous resources requires considerable improvements in governance, […]
The Turkish gas market is one of the most rapidly growing – and is therefore becoming one of the most important – markets in Europe. However, during the 2000s it experienced setbacks in terms of anticipated demand growth and the anticipated development of liberalisation and competition. Plans for rapid liberalisation and reducing the market share […]
OIES's @thierry_bros quoted in French @RFI on Australia LNG issues: higher domestic gas prices, much lower taxes th… https://t.co/2Dh5GtUZP5
June 19th
Oil price paths under different OPEC scenarios: A cautious approach in which OPEC increases production in July 2018… https://t.co/sNYN6JrYoM
June 19th
New OIES paper on OPEC choices and policies: For OPEC future oil demand growth (especially in 2019) hinges on outco… https://t.co/d9hpMtr0YW
June 18th
