English, Article, Journal or magazine article edition: Russia’s Gas Sector: The Endless Wait for Reform? Rudiger Ahrend; William Tompson

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Bookmark: http://trove.nla.gov.au/version/136656
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Russia’s Gas Sector: The Endless Wait for Reform?
Author
  • Rudiger Ahrend
  • William Tompson
Physical Description
  • preprint
Notes
  • The gas industry is perhaps Russia’s least reformed major sector. Prices are regulated, exports are monopolised and the domestic market is dominated by a state-controlled, vertically integrated monopolist, OAO Gazprom. Gazprom combines commercial and regulatory functions, and maintains tight control over the sector’s infrastructure and over information flows within it. The sector as it is currently constituted is highly unlikely to be able to sustain sufficient output growth to satisfy both rising export commitments and domestic demand. There is significant potential for accelerating the growth of non-Gazprom production and making gas supply in Russia more competitive, but this will require fundamental reform. The proposals for reform advanced in the paper address two sets of issues. First, there is an urgent need to increase transparency in the sector and transfer many of the regulatory functions now performed by Gazprom to state bodies. Secondly, there is a longer-term need for a ... Le secteur du gaz en Russie : L’attente interminable pour des réformes? L’industrie du gaz est peut être le secteur majeur le moins réformé en Russie. Les prix sont réglementés, les exportations sont effectuées par un monopole, et le marché intérieur est dominé par OAO Gazprom, un monopole verticalement intégré sous contrôle de l’État. Gazprom mélange des fonctions commerciales et de réglementation, et contrôle étroitement aussi bien l’infrastructure que les flux d’information à l’intérieur du secteur. De ce fait il est fortement improbable que le secteur dans sa forme actuelle soit capable d’atteindre une croissance de la production suffisante pour satisfaire aussi bien les engagements croissants d’exportations et la demande domestique. Le potentiel pour accroître la croissance de la production de gaz par d’autres producteurs que Gazprom, et de rendre l’offre de gaz en Russie plus compétitive, est fort. Mais l’exploitation de ce potentiel va nécessiter des réformes fondamentales. Les réformes proposées dans cet article concernent deux types de ...
  • réglementation, competition, exports, regulation, energy, énergie, gaz, Russia, economy, natural gas, infrastructure, pipelines, monopoly, state ownership, Gazprom, subsidies, ring fence, Russie, économie, infrastructure, pipeline, monopole, compétition, entreprise d'État, Gazprom, subvention, exportations, cantonnement
  • RePEc:oec:ecoaaa:402-en
Language
  • English
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