Russian Federation–East Asia Liquefied Natural Gas Trade Patterns and Regional Energy Security

Rasoulinezhad, Ehsan; Taghizadeh–Hesary, Farhad; Yoshino, Naoyuki

doi:10.2139/ssrn.3541035

Cited by 1 publication

(2 citation statements)

References 40 publications

(42 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…However, Russia has a clear vision to develop its Eastern LNG projects to provide a bigger share of Asia-Pacific LNG imports. (Rasoulinezhad et al 2019). Rasoulinezhad et al (2019) found a negative nexus between geographical distance and LNG trade flows between Russia and East Asian economies.…”

Section: Introductionmentioning

confidence: 96%

See 1 more Smart Citation

Competition and cooperation in the natural gas market: a game-theoretic demand-base analysis

et al. 2021

Self Cite

View full text Add to dashboard Cite

This paper aims to explore various possibilities in the evolving global gas market by constructing game-theoretical models involving the major players: Russia and Qatar exporting gas to the Asia-Pacific and Europe, respectively. We explore a series of hypothetical scenarios based on competitive and collusive settings for the Asia-Pacific LNG market and based on Qatar’s export route to the European gas market. The scenarios that are examined are (1) Russia as the follower and Qatar as the leader in a Stackelberg game; (2) Russia and Qatar as Cournot competitors; (3) collaboration between Russia and Qatar as bilateral monopolies; (4) Qatar exporting gas to European borders; (5) Qatar exporting gas to the last transit country; and (6) Qatar transporting gas to the Turkish border under a multi-pricing scheme. Demand is estimated under each scenario to simulate the respective export volumes, prices and quantities, and profit in each scenario. By exploring these market interactions, we find that it is essential for Russia to strike a deal with Qatar in the Asian market and accelerate their gas production in order to compete as an LNG market leader. Russia is likely to benefit more if it can link with Qatar to act as a monopoly on their segmental demand curve. On the other hand, Qatar’s profit is expected to be higher under the scenario when Qatar sells all the gas to the last transit country as the sole demand point instead of passing through transit countries.

show abstract

Section: Introductionmentioning

confidence: 96%

“…(Rasoulinezhad et al 2019). Rasoulinezhad et al (2019) found a negative nexus between geographical distance and LNG trade flows between Russia and East Asian economies. Any increase in geographical distance as a proxy for transportation cost lowers Russian LNG exports.…”

Section: Introductionmentioning

confidence: 96%