Publication

This paper identifies the long-term economic interests of Belarus and Russia (Beltransgaz and Gazprom) in transiting Russian gas, and looks at whether they are different or can be combined. European countries are the main consumer of Russian gas, 20% of which is delivered through Belarus. The authors model the two main markets for natural gas, the European Union (EU15) and Central and Eastern Europe (CEE), three gas-exporting countries (Algeria, Norway and Russia) and two transit routes for Russian gas, Ukraine and Belarus.