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Gazprom: a long march to market-based pricing in Europe?

Abstract:

For several decades up to the late 2000s, the netback market pricing formula – which links gas prices (principally) to oil product prices – dominated international gas transactions in Europe. This type of price formation is consistent with charging different prices to different national markets, as well as to different end-use sectors within the same market, depending on: their location, the fuels which compete with gas in their energy markets, and their ability to access alternative gas supp...

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Publication status:
Published
Peer review status:
Peer reviewed

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Authors


Jonathan Stern More by this author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Journal:
Oxford Energy Forum
Issue:
50
Pages:
9-12
Publication date:
2015-09-28
ISSN:
0959-7727

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