Discussion Papers no. 526

When is mighty Gazprom good for Russia

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.

Om publikasjonen

Tittel

When is mighty Gazprom good for Russia

Ansvarlig

Marina Tsygankova

Serie og -nummer

Discussion Papers no. 526

Utgiver

Statistics Norway

Emne

Discussion Papers

Antall sider

36

Målform

Engelsk

Om Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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