DOES THE CANCELLATION OF SOUTH STREAM SIGNAL A FUNDAMENTAL REORIENTATION OF RUSSIAN GAS EXPORT POLICY?
JONATHAN STERN, SIMON PIRANI, KATJA YAFIMAVAABSTRACT. Russian gas export policy has changed fundamentally. In Asia, Gazprom is now focusing on pipelines to China, rather than LNG exports to a wider range of countries. In Europe, the strategy of delivering gas to end-users has been abandoned. The South Stream pipeline across the Black Sea to Bulgaria was replaced by Turkish Stream. This has resulted in a much more logical Russian gas export strategy but doubts whether Gazprom can simultaneously finance three very large pipeline projects. pp. 30–49
JEL codes: L95; N7; O13; P28
Keywords: South Stream; Turkish; gas; export; Russia
How to cite: Stern, Jonathan, Simon Pirani, and Katja Yafimava (2015), "Does the Cancellation of South Stream Signal a Fundamental Reorientation of Russian Gas Export Policy?," Journal of Self-Governance and Management Economics 3(2): 30–49.