Prospects for Exports of Russian Gas

V. Drebentsov
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V. Drebentsov: BP p.l.c., Moscow, Russia

Journal of the New Economic Association, 2015, vol. 25, issue 1, 163-176

Abstract: An author reviews key new trends at Russia's domestic gas market and their implications for Russia's gas exports and for future dynamics of gas production in Russia. The article also looks at those changes at Russia's existing export markets - Europe and FSU - and potential new markets -primarily China - that have already happened or are coming. An author concludes that competition with the Russian gas will only keep growing, particularly because of the EU general policy to limit the role of natural gas in its fuel mix, and its particular policies targeting reduction of depend-ence on Russian gas. LNG growth will make this competition ever more severe. Russian exporters will have to utilize the full potential of cost reduction.

Keywords: natural gas; EU gas market; Russian gas market; China gas market; gas price; LNG; gas trade (search for similar items in EconPapers)
JEL-codes: Q41 Q48 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2015:i:25:p:163-176

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