Cross-Border Issues in Energy Trade in the CIS Countries
December 1, 2002
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Order a Print CopyDisclaimer: This Policy Dicussion Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary
This paper explores from a regional perspective the distorted nature of trade in energy products within the CIS countries. The persistence of pricing distortions, barter arrangements, and discriminatory access to pipelines, as well as failure to honor contracts, has disrupted and distorted energy exports to non-CIS countries, undermined energy sector reforms, and distorted investment decisions. The paper focuses on cross-border issues as an integral component of the wider problem of inefficient energy use within the CIS. Several policy recommendations are proposed, including measures to foster greater competition, reduce state involvement, and promote regional cooperation.
Subject: 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
Pages:
33
Volume:
2002
DOI:
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Issue:
013
Series:
Policy Discussion Paper No. 2002/013
Stock No:
PPIEA0132002
ISBN:
9781451968958
ISSN:
1564-5193
