Scandinavian Working Papers in Economics

Memorandum,
Oslo University, Department of Economics

Increased Competition on the Supply Side on the Western European Natural Gas Merket.

R. Golombec, E. Gjelsvik, E. Knut and E. Rosendahl

Abstract: The aim of this paper is to study the impact of breaking up national gas sales consortia in Western Europe. We show, within a numerical model of the Western European natural gas market- that once the demand side of the market is liberalized, each producing country has an incentive to break up its national gas sale consortium.

Keywords: NATURAL RESOURCES; COMPETITION; PRODUCTION

JEL-codes: L71; L95; L13

28 pages, 1996

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