Russia's Gas Sector: The Endless Wait for Reform?
The gas industry is perhaps Russia's least reformed major sector. Prices are regulated, exports are monopolised and the domestic market is dominated by a state-controlled, vertically integrated monopolist, OAO Gazprom. Gazprom combines commercial and regulatory functions, and maintains tight co...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2004
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | The gas industry is perhaps Russia's least reformed major sector. Prices are regulated, exports are monopolised and the domestic market is dominated by a state-controlled, vertically integrated monopolist, OAO Gazprom. Gazprom combines commercial and regulatory functions, and maintains tight control over the sector's infrastructure and over information flows within it. The sector as it is currently constituted is highly unlikely to be able to sustain sufficient output growth to satisfy both rising export commitments and domestic demand. There is significant potential for accelerating the growth of non-Gazprom production and making gas supply in Russia more competitive, but this will require fundamental reform. The proposals for reform advanced in the paper address two sets of issues. First, there is an urgent need to increase transparency in the sector and transfer many of the regulatory functions now performed by Gazprom to state bodies. Secondly, there is a longer-term need for a ... |
Beschreibung: | 1 Online-Ressource (37 Seiten) 21 x 29.7cm |
DOI: | 10.1787/735153733318 |
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spelling | Ahrend, Rudiger Verfasser aut Russia's Gas Sector The Endless Wait for Reform? Rudiger Ahrend and William Tompson = Le secteur du gaz en Russie : L'attente interminable pour des réformes? / Rudiger Ahrend et William Tompson Le secteur du gaz en Russie Paris OECD Publishing 2004 1 Online-Ressource (37 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers The gas industry is perhaps Russia's least reformed major sector. Prices are regulated, exports are monopolised and the domestic market is dominated by a state-controlled, vertically integrated monopolist, OAO Gazprom. Gazprom combines commercial and regulatory functions, and maintains tight control over the sector's infrastructure and over information flows within it. The sector as it is currently constituted is highly unlikely to be able to sustain sufficient output growth to satisfy both rising export commitments and domestic demand. There is significant potential for accelerating the growth of non-Gazprom production and making gas supply in Russia more competitive, but this will require fundamental reform. The proposals for reform advanced in the paper address two sets of issues. First, there is an urgent need to increase transparency in the sector and transfer many of the regulatory functions now performed by Gazprom to state bodies. Secondly, there is a longer-term need for a ... Economics Russian Federation Tompson, William ctb https://doi.org/10.1787/735153733318 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ahrend, Rudiger Russia's Gas Sector The Endless Wait for Reform? Economics Russian Federation |
title | Russia's Gas Sector The Endless Wait for Reform? |
title_alt | Le secteur du gaz en Russie |
title_auth | Russia's Gas Sector The Endless Wait for Reform? |
title_exact_search | Russia's Gas Sector The Endless Wait for Reform? |
title_exact_search_txtP | Russia's Gas Sector The Endless Wait for Reform? |
title_full | Russia's Gas Sector The Endless Wait for Reform? Rudiger Ahrend and William Tompson = Le secteur du gaz en Russie : L'attente interminable pour des réformes? / Rudiger Ahrend et William Tompson |
title_fullStr | Russia's Gas Sector The Endless Wait for Reform? Rudiger Ahrend and William Tompson = Le secteur du gaz en Russie : L'attente interminable pour des réformes? / Rudiger Ahrend et William Tompson |
title_full_unstemmed | Russia's Gas Sector The Endless Wait for Reform? Rudiger Ahrend and William Tompson = Le secteur du gaz en Russie : L'attente interminable pour des réformes? / Rudiger Ahrend et William Tompson |
title_short | Russia's Gas Sector |
title_sort | russia s gas sector the endless wait for reform |
title_sub | The Endless Wait for Reform? |
topic | Economics Russian Federation |
topic_facet | Economics Russian Federation |
url | https://doi.org/10.1787/735153733318 |
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