The report reviews key issues in energy trade and cooperation between the EU and CIS countries. It describes historical trends of oil and gas demand in the EU, other European and CIS countries and offers demand forecasts until 2030. Recent developments in oil and gas production and exports from...

The authors discuss the ambiguities surrounding allusions often made to global energy governance, focusing mainly on the question of energy transit. They discuss how the issue has been sanctioned in various regimes in international law (including the UN Convention on the Law of the Seas, the...

In this paper we assess the impact of oil price shocks on oil-producer and oil-consumer economies. VAR models for different countries are linked together via a trade matrix, as in Abeysinghe (2001). As expected, we find that oil producers (Russia and Canada here) benefit from oil price shocks....

Three case studies illustrate some of the secondary consequences of the search for energy security and its relationship to regional trade and cooperation: the role of the People's Republic of China, the emerging market in biofuels in Southeast Asia, and diverse feed-in tariffs for renewable...

Fuel subsidies are widespread and debated extensively. The issues with these subsidies are fully acknowledged by many energy economists; however, the total subsidy level remains high. This is because energy subsidies are often closely related to the political economy viewpoint. Moreover, the...

Energy security affects national security as well as the availability, extraction, and utilization of natural resources like water, agriculture land, and mining resources. Therefore, energy security is a nation's ability to meet the energy needs of its inhabitants uninterruptedly at an...

This paper analyzes the potential of partnerships of the European Union (EU) with China and Russia. The scope of analysis will be the EU vis-a-vis these two countries, using three types of trade liberalization: unilateralism, bilateralism/regionalism, and multilateralism. The paper argues that...

Energy security is a burning issue in a world where 1.4 billion people still have no access to electricity. This pioneering book is about finding solutions for energy security through the international trading system. Focusing mainly on the European Union (EU) as a case study, this holistic and...