Competition and Security of Supply: Let Russia Buy into the European Gas Market!

We propose a model of the European gas market where the risk that Russian deliveries are interrupted is endogenized. While Russia's attempts to buy considerable parts of the European downstream industry have faced strong political opposition, we argue that Russian participation in the downstream market would decrease consumer prices and increase the security of supply.

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Year of publication:	2007
Authors:	Bolle, Friedel ; Ruban, Rostyslav
Publisher:	Frankfurt (Oder) : European University Viadrina, Department of Business Administration and Economics
Subject:	Gaswirtschaft \| Direktinvestition \| Russisch \| Erdgasmarkt \| Wettbewerb \| Energieversorgung \| EU-Staaten \| Theorie \| Gas \| Security of supply \| competition

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Series:	Discussion Paper ; 258
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	526144726 [GVK] hdl:10419/23826 [Handle] RePEc:zbw:euvwdp:258 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010297257