Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/71882 
Year of Publication: 
2010
Series/Report no.: 
EWI Working Paper No. 10/07
Publisher: 
Institute of Energy Economics at the University of Cologne (EWI), Köln
Abstract: 
Due to the increasing European import dependency, significant additional natural gas volumes will be required. In addition to the Nord Stream pipeline, the Nabucco and South Stream pipeline are projects planned for the next decade to provide further gas supplies to the European market. As one of the European Union's energy policies' foci is security of supply, the question can be raised if and how these projects contribute to this objective not only in terms of diversification but also in case of supply disruptions such as occurred in 2009 during the Russia-Ukraine gas crisis. This paper discusses the impact of these two major gas import pipeline projects on the South-Eastern Europe gas supply and analyzes their effects on gas flows and marginal cost prices in general and in case of gas supply disruptions via Ukraine in a model-based analysis with the European natural gas infrastructure and dispatch model TIGER.
Subjects: 
Natural gas
security of supply
Nabucco
South Stream
Europe
linear-optimization
transport infrastructure
JEL: 
L95
C61
Q41
Q34
Document Type: 
Working Paper

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