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Russian-Algerian cooperation and the 'gas OPEC': What's in the pipeline? CEPS Policy Brief No. 123, March 2007

Darbouche, Hakim. (2007) Russian-Algerian cooperation and the 'gas OPEC': What's in the pipeline? CEPS Policy Brief No. 123, March 2007. [Policy Paper]

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    Abstract

    he context in which the EU’s biggest gas suppliers decided to formalise their cooperation is marked by tensions over energy supplies and politics. The Russian-Algerian rapprochement in the gas industry has been interpreted as a step – a big step – towards the cartelisation of the gas market with potentially damaging economic and geopolitical implications for the EU. This paper by Hakim Darbouche, Visiting Research Fellow at CEPS, assesses the validity of these interpretations by highlighting the technical improbability of a gas cartel on the one hand and examining the stakes at play in the triadic relationship Russia-Algeria-EU on the other. By uncovering the underpinnings of the Russian-Algerian gas cooperation, this policy brief concludes that not only are rumors about a ‘gas OPEC’ misled but they are also misleading.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Russia
    EU policies and themes > External relations > EU-North Africa/Maghreb
    EU policies and themes > Policies & related activities > energy policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 03 Oct 2009
    Number of Pages: 7
    Last Modified: 17 Jul 2014 21:43
    URI: http://aei.pitt.edu/id/eprint/11713

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