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Theory and Practice for Natural Gas Pricing in Russia
https://doi.org/10.32609/0042-8736-2015-1-80-102
Abstract
In this paper the authors analyze needs of changes of pricing mechanisms for natural gas for domestic and foreign markets. They conclude that in medium term these changes are inevitable due to the Russian practice obsolescence in the quickly transforming gas markets. Inefficient natural gas use due to distorted price incentives, lack of competition in the domestic market, as well as linking the domestic price to the price of European oil product baskets are significant deterrents to the development of the natural gas sector. Different scenarios for the Russian gas sector and potential influence on macroeconomics are described.
About the Authors
D. Gordeev
Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia)
Russian Federation
Russian Federation
G. Idrisov
Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia); Gaidar Institute for Economic Policy (Moscow, Russia)
Russian Federation
Russian Federation
E. Karpel
Gazprom Mezhregiongaz (Moscow, Russia)
Russian Federation
Russian Federation
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Review
For citations:
Gordeev D., Idrisov G., Karpel E. Theory and Practice for Natural Gas Pricing in Russia. Voprosy Ekonomiki. 2015;(1):80-102. (In Russ.) https://doi.org/10.32609/0042-8736-2015-1-80-102
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