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Russian Natural Gas Exports to Europe: Effects of Russian Gas Market Reforms and the Rising Market Power of Gazprom

Sagen, Eirik Lund; Tsygankova, Marina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

alter the allocation of Gazprom´s gas sales between domestic and export markets. In this paper we use both theoretical and … for Gazprom to induce monopoly power in its export markets. Our main findings suggest that both increased domestic gas … low domestic prices, Gazprom may even have difficulties to carry out its long-term export commitments. However, if export …

Persistent link: https://www.econbiz.de/10005068939

Facilitating Low-Carbon Investments: Lessons from Natural Gas

Neumann, Anne; Neuhoff, Karsten - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

Decarbonisation of energy and transport infrastructure requires significant private sector investments. The natural gas industry has demonstrated such large scale private sector infrastructure investment over the last decades, typically using long-term contractual arrangements. Are therefore...

Persistent link: https://www.econbiz.de/10009322581

A Strategic Model of European Gas Supply (GASMOD)

Holz, Franziska; Hirschhausen, Christian von; Kemfert, … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

Structural changes in the European natural gas market such as liberalization, increasing demand, and growing import dependency have triggered new attempts to model this market accurately. This paper presents a model of the European natural gas supply, GASMOD, which is structured as a...

Persistent link: https://www.econbiz.de/10004963631

Representing GASPEC with the World Gas Model

Egging, Ruud; Holz, Franziska; Hirschhausen, Christian von - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

This paper presents results of simulating a more collusive behavior of a group of natural gas producing and exporting countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production, trade, and consumption between 2005 and 2030. In...

Persistent link: https://www.econbiz.de/10004963671

Perspectives of the European Natural Gas Markets until 2025

Holz, Franziska; Hirschhausen, Christian von; Kemfert, … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic severallayer model of European gas supply, consisting of upstream natural gas producers, traders in each consuming European...

Persistent link: https://www.econbiz.de/10004963802

Strategic Behavior and International Benchmarking for Monopoly Price Regulation: The Case of Mexico

Brito, Dagobert L.; Rosellón, Juan - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

This paper looks into various models that address strategic behavior in the supply of gas by the Mexican monopoly Pemex. The paper has three very strong technical results. First, the netback pricing rule for the price of domestic natural gas (based on a Houston benchmark price) leads to...

Persistent link: https://www.econbiz.de/10008554248

Long-Term Contracts and Asset Specificity Revisited: An Empirical Analysis of Producer-Importer Relations in the Natural Gas Industry

Neumann, Anne; Hirschhausen, Christian von - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

In this paper, we analyze structural changes in long-term contracts in the international trade of natural gas. Using a unique data set of 262 long-term contracts between natural gas producers and importers, we estimate the impact of different institutional, structural and technical variables on...

Persistent link: https://www.econbiz.de/10005068696

Linking Natural Gas Markets: Is LNG Doing Its Job?

Neumann, Anne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

The increase in liquefied natural gas trade has accelerated the integration of previously segmented markets in North America, Europe, and Asia. This paper provides evidence on the integration of the transatlantic natural gas market. We test the theoretical proposition that in integrating markets...

Persistent link: https://www.econbiz.de/10005068737

Theory of Storage: An Empirical Assessment of the European Natural Gas Market

Stronzik, Marcus; Rammerstorfer, Margarethe; Neumann, Anne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

We analyze the relation between European natural gas storage facilities and price patterns at major trading points, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency of the natural gas market, we apply two indirect...

Persistent link: https://www.econbiz.de/10005068760

The Role of Natural Gas in a Low-Carbon Europe: Infrastructure and Regional Supply Security in the Global Gas Model

Holz, Franziska; Richter, Philipp M.; Egging, Ruud - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013

In this paper, we use the Global Gas Model to analyze the perspectives and infrastructure needs of the European natural gas market until 2050. Three pathways of natural gas consumption in a future low-carbon energy system in Europe are envisaged: i) a decreasing natural gas consumption, along...

Persistent link: https://www.econbiz.de/10010627861