New rules of the game in the European market under sanctions pressure

Автор: Timonina Victoria I., Shakhovskaya Larisa S., Alpidovskaya Marina L.

Журнал: Вестник Волгоградского государственного университета. Экономика @ges-jvolsu

Рубрика: Мировая экономика

Статья в выпуске: 2 т.24, 2022 года.

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The world’s energy markets remain uncertain, with no accurate, optimistic forecasts. The authors of the article noted that the energy crisis has a cumulative effect; its beginning has changed all the rules of energy cooperation in the market. This contributed to increased demand, prices and competition. The EU is a major market participant whose policies affect all energy connections. Russia is an energy core that offers its energy sources to balance the market. This is the economy, there is no talk of “political pressure”. As a result, the authors conclude that the project “Nord Stream-2” is not a political project, but a purely commercial one, which will help to reduce even spot prices in the European gas market, since all other countries, extractive gas cannot meet the growing energy needs of European countries.

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Energy market, EU, Russia, rules of the game, competition, spot market, demand and supply, price

Короткий адрес: https://sciup.org/149141081

IDR: 149141081   |   DOI: 10.15688/ek.jvolsu.2022.2.19

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