Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192508 
Year of Publication: 
2007
Series/Report no.: 
Discussion Papers No. 526
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
In the late 1990s, several proposals for a structural reform that would bring competition and market prices to the Russian gas industry were intensely debated. Splitting up Russian gas monopolist Gazprom into several producing companies was a considered option. In this paper, I examine theoretically and numerically how a split-up of Gazprom would affect Russian national welfare. Results show that under the current gas market structures in Europe and Russia, the split-up of Gazprom's monopoly might not be beneficial for Russia. The market share of Russia in the European market is important in determining whether Gazprom's dominance is supported under the national welfare criteria.
Subjects: 
Russia
Natural gas
restructuring reform
market share
national welfare
JEL: 
D43
L13
L11
L22
Document Type: 
Working Paper

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