Cross-Border Issues in Energy Trade in the CIS Countries ( IMF Policy Discussion Papers )

Publication series : IMF Policy Discussion Papers

Author: Mr. Clinton R. Shiells   Mr. John Dodsworth   Mr. Paul Henri Mathieu  

Publisher: INTERNATIONAL MONETARY FUND‎

Publication year: 2002

E-ISBN: 9781455241637

P-ISBN(Paperback): 9781451968958

Subject: TK01 Energy

Keyword: Former Soviet Union,Transition economies

Language: ENG

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Description

This paper explores from a regional perspective the distorted nature of trade in energy products within the CIS countries. The persistence of pricing distortions, barter arrangements, and discriminatory access to pipelines, as well as failure to honor contracts, has disrupted and distorted energy exports to non-CIS countries, undermined energy sector reforms, and distorted investment decisions. The paper focuses on cross-border issues as an integral component of the wider problem of inefficient energy use within the CIS. Several policy recommendations are proposed, including measures to foster greater competition, reduce state involvement, and promote regional cooperation.

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