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The Globalization of Russian Gas

Political and Commercial Catalysts

James Henderson and Arild Moe

Since the collapse of the Soviet Union, Gazprom has dominated the Russian gas industry. However, the markets in which it operates have changed dramatically, with the company increasingly being challenged at home and abroad. At this critical moment, this insightful book analyses the involvement of the Russian gas industry in the changing international gas market and the dramatic implications for Russia’s role as a global supplier of gas in the future.
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Chapter 8: Conclusions

James Henderson and Arild Moe


Chapter 8 brings together the main insights from the preceding chapters and discusses the outlook for Russian gas in the global markets. If Russia is to develop its role as a global gas player and to respond to the challenges of an increasingly competitive and volatile gas market, in the context of a general trend towards decarbonization, then it is possible that the state-owned monopolistic model could become a limiting factor and a more diversified approach to the country’s export strategy may become a necessary condition for success.

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