The energy crisis, catalysed by the Russian invasion of Ukraine, has disrupted the global gas market. This analysis out to 2030 assesses the impact of the crisis and considers whether this may lead to a fundamental change in the global gas market or whether it my just be a slight blip in the...

This work in progress considers the bargaining options of a natural gas transit country. The paper describes the situation with potential hold-up due to asset specific investments and the timing of the hold-up by the transit country

This article is an analysis of relevant Intergovernmental and Host Government Agreements on oil and gas transit pipelines in several parts of the world. The following questions serve as the basis for the analysis: 1. To what extent can common principles and regional specificities be derived from...

This paper discusses payments arrears in the Russian Federation and Ukraine, with emphasis on the gas and electric power sectors. Payments arrears, which were triggered primarily by the dislocations experienced during the transition from a centrally planned to a market economy, have reached...