Gazprom vs. other Russian gas producers: The evolution of the Russian gas sector

Lunden, Lars Petter; Fjærtoft, Daniel; Øverland, Indra; Prachakova, Alesia

doi:10.1016/j.enpol.2013.06.055

Cited by 31 publications

(6 citation statements)

References 8 publications

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“…Henderson (2010) charts the rise of the 'Independents' in Russia as they initially won market share from Gazprom for gas sales in the domestic power and industrial sectors and then gradually turned their eyes towards the gas export market. Gazprom always argued that its monopoly over export sales, which was enshrined in Russian law in 2006 (Federal Law, 2006;Russia gives, 2006), was a form of compensation for the low regulated gas prices it had to offer to domestic customers in Russia (Lunden, Fjaertoft, overland, & Prachakova, 2013), but as those regulated prices increased towards export parity so this argument started to fade, encouraging the emergence of new actors in the Russian gas export market (Henderson, 2011a).…”

Section: Introductionmentioning

confidence: 99%

Gazprom’s LNG offensive: a demonstration of monopoly strength or impetus for Russian gas sector reform?

Henderson

Moe

2016

Post-Communist Economies

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Section: Introductionmentioning

confidence: 99%

Gazprom’s LNG offensive: a demonstration of monopoly strength or impetus for Russian gas sector reform?

Henderson

Moe

2016

Post-Communist Economies

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“…Gazprom was granted control over most of Russia's natural gas reserves, as well as the ownership of gas transportation systems and the exclusive right to export natural gas. However, in recent years, competition in the domestic market has led to the rise of Rosneft and the privately-owned company Novatek, which succeeded to obtain the liberalization of export rights for liquefied natural gas (LNG) in 2013 (Lunden et al, 2013;Reuters, 2013). Gazprom's internationalization to India remained limited till the mid-2010s due to lower demand for natural gas in the Indian energy sector.…”

Section: Rosneft: Building "Global Integrated Chains" Through Russian...mentioning

confidence: 99%

POLI advantages of state-owned multinationals

Panibratov

Garanina²,

Ameyaw³

et al. 2022

IJOEM

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Purpose The authors revisit the traditional OLI paradigm with the objective to allocate politics within the set of internationalization advantages by building on the political strategy literature. The authors outline the specific role of political advantage that facilitates and propels the international expansion of state-owned multinational enterprises (SOMNEs) from emerging markets.Design/methodology/approachA conceptual paper which explains the role of political advantage in the internationalization of SOMNEs. The authors expand the scope of the OLI to capture the impact of firms' home governments' policies and relationships with host countries which are leveraged by SOMNEs in their internationalization.Findings The authors define political advantage as a new type of advantage which depends on and is sourced from external actors. The authors argue that P-advantage is a multifaceted and unstable part of POLI composition, which is contingent on political shifts and may be leveraged by various firms. The authors also assert that political capabilities have limitations in sustaining political advantage, which may be compensated via enhancing the political activity of firms.Originality/valueThe authors conceptualize the POLI-advantages paradigm for the internationalization of SOMNEs by proposing that in addition to the traditional ownership, location, and internalization advantages, firms can capitalize on their political advantage to enter markets where internationalization might have been difficult without their political connections.

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“…However, CNPC also noticed several advantages to the Yamal project. Initially, the shareholders had alternative resources: Novatek is no doubt a rising star in the Russian natural gas industry [22], and the LNG business is highly significant for Novathk [23]. In addition, other shareholders in the project have their own competitiveness.…”

Section: The Transition Of Purpose: Beyond Natural Resourcementioning

confidence: 99%

The shaping effect of the Belt and Road Initiative on China’s international oil and gas cooperation strategy

Liu¹,

Wang²

2020

Vestnik SPbSU. International relations

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The Belt and Road Initiative (BRI) was launched as a leitmotif of China's economic diplomacy in 2013 after Xi Jinping assumed power. Inevitably, China's behaviors in international oil and gas cooperation have been influenced by the BRI in terms of policy purpose, cooperation model, business organization, and even energy security strategy. Under the BRI, China's originally primary purpose of natural resource access in oil and gas cooperation has shifted to a business-based strategy. Meanwhile, China has constructed oil and gas pipelines as common interest-based interconnections of infrastructures, instead of getting involved in geopolitical games. In the process, China and large national companies play as partners and coordinators more often even as their traditional roles are operators and majority shareholders. Coupled with the transition of purpose, the cooperation model also changes to an industrial chain-based model. China's overseas oil and gas cooperation transitioned from an "upstreamdownstream integration" model to a "module plug-in" model, which flexibly includes natural resources, trade, transportation, refining and engineering services to prompt the "going-out" of China's technology, equipment, and industrial capacity. In the organization of international oil and gas cooperation, coordination among the majors of Chinese national oil companies, and between national oil companies and other actors has become independent. The Yamal project provides an empirical case that displays China's transition in international oil and gas cooperation under the BRI in this article.

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Gazprom vs. other Russian gas producers: The evolution of the Russian gas sector

Cited by 31 publications

References 8 publications

Gazprom’s LNG offensive: a demonstration of monopoly strength or impetus for Russian gas sector reform?

Gazprom’s LNG offensive: a demonstration of monopoly strength or impetus for Russian gas sector reform?

POLI advantages of state-owned multinationals

The shaping effect of the Belt and Road Initiative on China’s international oil and gas cooperation strategy

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