Overview

This study traces the breakdown of market management in European gas markets and the emergence of gas-to-gas competition and liberalized access to networks. A surplus of gas supply and pipeline capacity, combined with institutional change to reduce monopoly power and bring new entrants into the industry, are the most important drivers for change. Gas-to-gas competition at borders is likely to bring down prices to 60-80 per cent of their 1997 levels, particularly in northwest Europe which will see the most intense early competition. The study concludes that the diversity of national liberalization initiatives adopted in major European countries will be more important than the European Union's Gas Directive.

Full Product Details

Author:   Jonathan P. Stern
Publisher:   Royal Institute of International Affairs
Imprint:   Royal Institute of International Affairs
Dimensions:   Width: 15.20cm , Height: 1.50cm , Length: 20.30cm
Weight:   0.017kg
ISBN:  

9781862030176

ISBN 10:   1862030170
Pages:   232
Publication Date:   30 June 1998
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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Author Information

Jonathan P. Stern is Director of Gas Research at the Oxford Institute for Energy Studies where he has created a research programme which conducts independent research and commentary on international gas issues worldwide.

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