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Working paper

The OPAL exemption decision: past, present, and future

Subtitle:
OIES paper: NG 117
Abstract:

Since the OPAL pipeline started operating, more than five years ago, Gazprom has been unable to use more than 50 per cent of its capacity – even if such was not required by third parties – due to a regulatory cap imposed by the European Commission (EC) in June 2009. In October 2016 the EC adopted a new decision which removed the cap and attempted to strike a fine balance between the interests of all parties involved: while it allows Gazprom to bid for the remaining 50 per cent of OPAL capa...

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Publication status:
Published
Peer review status:
Peer reviewed

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Department:
Oxford Institute for Energy Studies
Publisher:
Oxford Institute for Energy Studies Publisher's website

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