| ID | 168905 |
| Title Proper | Clash of Realities |
| Other Title Information | Gazprom’s Reasoning on the EU Gas Trade |
| Language | ENG |
| Author | Loe, Julia S P |
| Summary / Abstract (Note) | Gazprom, the state-controlled Russian energy company, has major export markets in the European Union, but these are changing, challenging the established trading principles of Russian gas. The EU promotes switching to hub-based pricing, whereas Gazprom, despite adapting to some degree, has continued to highlight the advantages of long-term contracts. This article analyses the reasoning of selected Gazprom actors from an institutional-cultural perspective. Apart from conflicts of interest between Russia and the EU, it finds deep-seated differences in worldviews and perceptions of appropriate behaviour in trade relations. Such factors may play a larger role in decision-making than is generally acknowledged. |
| `In' analytical Note | Europe-Asia Studies Vol. 71, No.7; Sep. 2019: p.1122-1139 |
| Journal Source | Europe-Asia Studies Vol: 71 No 7 |
| Key Words | Gazprom’s Reasoning ; EU Gas Trade ; Clash of Realities |