EconPapers    
Economics at your fingertips  
 

Gazprom and the complexity of the EU gas market: A strategy to define

S. Boussena and C. Locatelli

Working Papers from Grenoble Applied Economics Laboratory (GAEL)

Abstract: Confronted with an increasingly competitive market in the European Union and the credible threat of a new entrant in the form of liquefied natural gas imports from the United States, Gazprom’s traditional export strategy is open to question. The company must decide whether it should launch a price war in order passively to adapt to impending competition and its role as a ‘residual supplier’ to the EU gas market, or whether it should take advantage of the current price uncertainty. This article explores the scope for long-term strategic action by Gazprom other than simply engaging in a price war. It is argued that Gazprom could forge a position as a key player in the EU gas market capable of playing the same role as Saudi Arabia does in the global oil market.

Keywords: GAS; LNG; COMPETITION; EU; RUSSIA; GAZPROM (search for similar items in EconPapers)
JEL-codes: Q41 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-ene and nep-reg
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://gael.univ-grenoble-alpes.fr/sites/gael/fil ... 2017/gael2017-09.pdf (application/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:gbl:wpaper:2017-09

Access Statistics for this paper

More papers in Working Papers from Grenoble Applied Economics Laboratory (GAEL) Contact information at EDIRC.
Bibliographic data for series maintained by Agnès Vertier ().

 
Page updated 2019-06-19
Handle: RePEc:gbl:wpaper:2017-09