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Trust in Norwegian-Russian energy relations is one in the making. Both sides have actively pursued to build trust, particularly over the past decade. The process has been driven by shared economic interests, the prominence of the petroleum industry in both countries, and a desire to improve...
Persistent link: https://www.econbiz.de/10011253069
We calculate the total cost of building Nord Stream and compare its levelised unit transportation cost with the … existing options to transport Russian gas to western Europe. We find that the unit cost of shipping through Nord Stream is … for Russian gas in Europe. We disaggregate the value of Nord Stream into project economics (cost advantage), strategic …
Persistent link: https://www.econbiz.de/10008673580
This study argues that, in addition to political and economic factors, the level of trust between decision makers influenced outcomes in European-Russian energy cooperation. Drawing on selected cases of commercial partnerships and long-term contracts, it examines the impact of trust and the...
Persistent link: https://www.econbiz.de/10010817475