EU Gas Supply Security: Unfinished Business

Pierre Noel ()

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: Four years after the gas supply crisis of January 2009, this paper looks at the market and policy changes that have changed the European gas situation, and their implications in terms of security of supply. Several positive developments are identified, including the byapssing of Ukraine by Gazprom-sponsored pipelines; the acceleration of import diversification in large markets of western Europe; the process of ‘commoditisation’ of natural gas in north-west Europe. The lack of meaningful progress in market integration between western and eastern-central Europe, however, leaves in place one of the main factors that made the 2009 crisis possible and conferred it its political significance. Overall, the European gas security situation has evolved in a positive direction mainly because of external forces, not EU policies.

Keywords: Natural Gas; European Union; Public Policy; Security of Supply. (search for similar items in EconPapers)
JEL-codes: O13 P28 Q48 (search for similar items in EconPapers)
Date: 2013-04-04
New Economics Papers: this item is included in nep-eec and nep-ene
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econ.cam.ac.uk/sites/default/files/pub ... pe-pdfs/cwpe1312.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:1312

Access Statistics for this paper

More papers in Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge
Bibliographic data for series maintained by Jake Dyer ().