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Security of Supply for Natural Gas Markets: What is it and what is it not? INDES Working Paper No. 2, 1 March 2004

Luciani, G. (2004) Security of Supply for Natural Gas Markets: What is it and what is it not? INDES Working Paper No. 2, 1 March 2004. [Working Paper]

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    Abstract

    The issue of security of gas supplies is frequently discussed on the basis of intuitive and nonsystematic arguments. Greater import dependence is normally equated with greater insecurity, and strategic stocks are the risk management tool most commonly considered. This paper strives to offer a systematic framework of analysis and shows that import dependence does not necessarily entail greater insecurity – actually, the opposite may well be the case. It also discusses several alternatives to strategic stocks for risk management, which are more interesting and promising.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > energy policy (Including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > INDES Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 23 May 2009
    Page Range: p. 19
    Last Modified: 15 Feb 2011 18:12
    URI: http://aei.pitt.edu/id/eprint/11083

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