Gas Exports to the Countries of the European Union and the Asia-Pacific Region
This paper will examine the current situation as related to the global trade of natural gas and will draw some conclusions on how current developments will likely influence future trade and investment patterns. It will start by considering the increased influence of developing countries on energy markets and will continue by providing a detailed analysis of possible integration of energy markets, first within the European Union and then within the Asia Pacific region. It will continue with an analysis of gas production trends in Eurasia and the Middle East, two regions that are well-positioned to compete in both the European and Asia Pacific energy markets, before considering the implications for the Russian Federation, Qatar, and Turkmenistan. This contribution will then draw some conclusions based upon the topics discussed. This is an advance copy of an article that will be published as Rimma Subhankulova and Richard Wheeler, “Gas Exports to the Countries of the European Union and the Asia-Pacific Region,” The Journal of Energy and Development, volume 40, number 1 (autumn 2014, copyright 2015).