Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/23826 
Year of Publication: 
2007
Series/Report no.: 
Discussion Paper No. 258
Publisher: 
European University Viadrina, Department of Business Administration and Economics, Frankfurt (Oder)
Abstract: 
We propose a model of the European gas market where the risk that Russian deliveries are interrupted is endogenized. While Russia's attempts to buy considerable parts of the European downstream industry have faced strong political opposition, we argue that Russian participation in the downstream market would decrease consumer prices and increase the security of supply.
Subjects: 
Gas
Security of supply
competition
Document Type: 
Working Paper

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