Natural gas transits and market power : the case of Turkey

authors: Simon Schulte, Florian Weiser

Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic assessment of the SGC. Hence,the article investigates this issue quantitatively using a global partial equilibrium gas market model. An oligopolistic and a competitive supply structure in Europe in 2030 are considered in the model. If the European gas market in 2030 is characterized by an oligopolistic supply, Turkey is able to exert market power resulting in higher prices compared to competitive transits, in particular in South Eastern Europe. In a competitive market structure, however, the importance of the SGC and thus the potential of Turkish transit market power is limited.

MoreLess

Year of publication:	[Juli 2017]
Authors:	Schulte, Simon ; Weiser, Florian
Publisher:	Köln, Germany : Institute of Energy Economics at the University of Cologne (EWI)
Subject:	Natural Gas \| Southern Gas Corridor \| Transit Market Power \| Mixed Complementarity Problem \| Marktmacht \| Market power \| Türkei \| Turkey \| Erdgasmarkt \| Natural gas market \| Gaswirtschaft \| Gas industry \| Gasversorgung \| Gas supply \| Erdgas \| Natural gas \| Russland \| Russia \| Systemtransformation \| Economic transition

freely available

Full text |

More access options

www.ewi.uni-koeln.de

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 28 Seiten) Illustrationen
Series:	Working paper / EWI Energiewirtschaftliches Institut an der Universität zu Köln. - Köln : [Verlag nicht ermittelbar], ISSN 1862-3808, ZDB-ID 2120071-3. - Vol. no 17, 06 (August 2017)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/172836 [Handle]
Classification:	L13 - Oligopoly and Other Imperfect Markets ; L95 - Gas Utilities; Pipelines; Water Utilities
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011713392