Open AccessAssessment of risks for the gas industry in Russia in the context of the formation of a common gas market of the Eurasian Economic Union
Author(s) -
Марина Ткаченко,
Ткаченко Марина Федоровна,
Nelia I. Allaiarova,
Аллаярова Неля Исмаиловна
Publication year - 2021
Publication title -
vestnik rossijskogo universiteta družby narodov. seriâ èkonomika
Language(s) - English
Resource type - Journals
eISSN - 2408-8986
pISSN - 2313-2329
DOI - 10.22363/2313-2329-2021-29-1-183-196
Subject(s) - context (archaeology) , position (finance) , business , monopoly , incentive , gas industry , energy market , natural gas , international trade , economy , international economics , market economy , economics , renewable energy , finance , chemistry , engineering , geography , archaeology , organic chemistry , electrical engineering
The research aimed to identifies the risks for the development of the gas industry in Russia in the context of the emerging common gas market of the EAEU. The state of the gas industry in Russia and Russias cooperation with the EAEU member states in the gas sector are considered. The development of the Russian gas industry is determined both by the dominant position of the vertically integrated natural monopoly PJSC Gazprom, and by the characteristics of the global hydrocarbon energy market. Based on empirical data, it is concluded that the creation of a common gas market in the EAEU is not only a challenge to the development of the Russian gas industry, but also a measure to strengthen and expand its positions in the global energy market, increase the efficiency of participation in the global energy agenda, as well as an incentive for improving the domestic gas market in Russia.