source of the price change. Specifically, I find that the reaction of drilling is significantly stronger after an economic … activity shock than after a gas demand shock (e.g. due to oil price fluctuations). In addition, it is shown that demand …

The present paper studies the effect of an upward correction of the natural gas price on the Russian domestic market … liberalize the regulated domestic market price and decrease subsidies for natural gas products. This is claimed to fit in a … policy promoting energy efficiency, increasing investments in natural gas production and bringing the natural gas price on …