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This paper examines the perspectives of Russian gas exports to Western Europe and the strategic options of the CIS gas transiting countries, namely Ukraine and Belarus. The development of a new transit corridor through Belarus (the Yamal-Europe pipeline), depriving Ukraine of its former...
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This paper provides a quantitative analysis of power relations and strategic investment in the transport system for Russian gas. First, we analyse how the architecture of the transport system determines Russia’s bargaining power vis-à-vis (potential) transit countries. By applying the Shapley...
Persistent link: https://www.econbiz.de/10011497648
We use cooperative game theory to analyze the strategic impact of three controversial pipeline projects. Two of them, Nord Stream and South Stream, allow Russian gas to bypass transit countries, Ukraine and Belarus. Nord Stream's strategic value turns out to be huge, justifying the high...
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"Two opposing narratives frame the strategic future of Europe, one geopolitical and one economic, and both center on the same resource: natural gas. In The Bridge, Thane Gustafson, an expert on Russian oil and gas, argues that the geopolitical rivalries that capture the lion's share of media...
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