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Abolishing Oil Indexation in Gas Contracts: Is it the cure-all? CEPS Commentaries, 3 March 2014

Abstract

Recently, the EU energy debate has been dominated by the discussion on energy prices and the competitiveness of the European industry. According to the latest estimates of the International Energy Agency, gas prices in the US are one-quarter of those in Europe. Moreover, prices of imported gas vary across the EU member states. Some EU policy-makers hope that the completion of the internal energy market and the transition to hub-based pricing will solve these discrepancies. Julian Wieczorkiewicz asks in this Commentary whether the abolition of oil-indexation will constitute a cure-all for the above-mentioned problems

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50131oai:aei.pitt.edu:50131
Last time updated on April 25, 2014View original full text link

This paper was published in Archive of European Integration.

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