Measuring Energy Security: Trends in the Diversification of Oil and Natural Gas Supplies

Prakash Loungani, Fred Joutz and Gail Cohen

No 2011/039, IMF Working Papers from International Monetary Fund

Abstract: We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies has increased steadily. We document the cross-country heterogeneity in the extent of diversification. We also show how the extent of diversification changes if account is taken of the political risk attached to suppliers; the size of the importing country; and transportation risk.

Keywords: WP; country; energy security (search for similar items in EconPapers)
Pages: 40
Date: 2011-02-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (112)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24662 (application/pdf)

Related works:
Journal Article: Measuring energy security: Trends in the diversification of oil and natural gas supplies (2011)
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:imf:imfwpa:2011/039

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().