Security of Supply for Natural Gas Markets. What is it and What is it not?

Arbeitspapier

The issue of security of gas supplies is frequently discussed on the basis of intuitive and non-systematic 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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Nota di Lavoro ; No. 119.2004

Classification and Topics

• Classification: Wirtschaft ; Energy: Demand and Supply; Prices ; Energy and the Macroeconomy
• Subject: Natural gas market ; Security of supply ; Energieversorgung ; Erdgasmarkt ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Luciani, Giacomo
• Event: Veröffentlichung
• (who): Fondazione Eni Enrico Mattei (FEEM)
• (where): Milano
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/117991
• Last update: 10.03.2025, 11:43 AM CET