Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/121219 
Year of Publication: 
2011
Series/Report no.: 
FIW-Research Reports No. 2010/11-03
Publisher: 
FIW - Research Centre International Economics, Vienna
Abstract: 
This report contains three separate papers, each addressing selected issues concerning natural gas policy and security of gas supply in Europe. The over-arching themes are vulnerability (to supply disruptions, to supplier pricing power) and fragmentation; and measures designed to overcome them, namely interconnection and consolidation of bargaining power. The first paper contains a review of some of the economic effects of, and subsequent policy reactions to, the January 2009 cut of Russian gas supplies through the Ukraine Corridor, with a particular focus on Bulgaria and on EU policy. The second paper provides an analysis of the current state of gas relations between Ukraine and the Russian Federation, with a focus on the Ukrainian perspective and on recent political developments in that country. The third paper provides an analysis of the case for consolidating buyer power in line with the concept of an EU Gas Purchasing Agency.
Subjects: 
Natural gas
security of supply
supply disruption
interconnector
Russia
Ukraine
Bulgaria
European Union
energy policy
fragmentation
bargaining power
countervailing power
gas purchasing agency
JEL: 
C78
L11
Q34
Q48
Document Type: 
Research Report

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