International Gas Projects of Russia in the Context of a Changing Economic Environment and Paradigm
23 Pages Posted: 22 Jan 2016
Date Written: December 31, 2015
Abstract
This paper explores the current changes in the world gas market where Russia has a wide spectrum of economic interests, international projects, as well as problems to be solved in the context with decline in demand and prices for natural gas and other energy commodities, growing contradictions and rivalry among the leading market players, political pressure and the introduction of market restrictions (sanctions). The country needs a new paradigm of development, pre-empting the future and reacting in the moment.
Keywords: world gas markets, key players, demand for energy, price volatility, the Russian gas strategy and projects, challenges of sanctions, strategies for the future
JEL Classification: Z
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