Price impact on Russian gas export to Asia and gas supply systems development

The paper analyses the prospects for natural gas exports from Russia to Asia and discusses the development of gas supply systems in the border areas of Siberia and the Far East. The paper presents a quantitative estimate of the impact of different gas export prices on external energy markets for the optimal volumes of natural gas export from Russia. In doing so, the dependence of gas demands and their growth on price policies is illustrated. The paper shows that prices do influence gas export potentials but also suggests that the creation of a unified gas supply system in the Asian part of Russia and development of international gas pipelines from Russia to Asia are a viable option.