Cross-Border Issues in Energy Trade in the CIS Countries
IMF Policy Discussion Papers, December 1, 2002
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- Cross-Border Issues in Energy Trade in the CIS Countries
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Bibliographic details
- Authors: Clinton R. Shiells, John R Dodsworth, Paul Henri Mathieu
- Published: December 1, 2002
- Series: IMF Policy Discussion Papers
Overview and focus
- Authors: Clinton R. Shiells, John R Dodsworth, Paul Henri Mathieu
- Publication date: December 1, 2002
- Series: Policy Discussion Paper No. 2002/013
- Core focus: The paper explores, from a regional perspective, the distorted nature of trade in energy products within the CIS countries and treats cross-border issues as an integral component of the wider problem of inefficient energy use within the CIS.
Major findings and analysis
- The persistence of pricing distortions has:
- disrupted and distorted energy exports to non-CIS countries.
- undermined energy sector reforms.
- distorted investment decisions.
- Barter arrangements and discriminatory access to pipelines contribute to trade distortions and market inefficiencies.
- Failure to honor contracts has further disrupted cross-border energy trade and regional market functioning.
- The distortions in cross-border energy trade are linked to broader inefficiencies in energy use across the CIS region.
Policy recommendations
- Foster greater competition in energy markets.
- Reduce state involvement in energy sector operations and commercial arrangements.
- Promote regional cooperation to address cross-border trade issues and improve market functioning.
Subject coverage and keywords
- Subject areas: Commodities, Economic sectors, Electricity, Energy prices, Energy sector, Exports, International trade, Oil, Prices
- Keywords: Baltics, Central Asia, CIS country, country, Electricity, Energy prices, Energy sector, Exports, firm, firms in the region, Former Soviet Union, incumbent firm, Kazakhstani firm, net importer, Oil, PDP, price, Regional issues, state involvement, Transition economies, utility company, Western Europe
Content in this bundle
- Cross-Border Issues in Energy Trade in the CIS Countries - PDP/02/13