Memorandum,
Oslo University, Department of Economics

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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