Show simple item record

Russian Federation-East Asia Liquefied Natural Gas Trade Patterns and Regional Energy Security

dc.contributor.authorEhsan Rasoulinezhad
dc.contributor.authorFarhad Taghizadeh-Hesary
dc.contributor.authorNaoyuki Yoshino
dc.contributor.authorTapan Sarker
dc.date.accessioned2019-07-10T17:49:17Z
dc.date.available2019-07-10T17:49:17Z
dc.date.issued2019-06-15
dc.identifier.urihttp://hdl.handle.net/11540/10433
dc.description.abstractEast Asia remained the biggest market for liquefied natural gas (LNG) in 2018. The Russian Federation has a clear vision to develop its East Asia LNG projects to provide a bigger share of Asian LNG imports. This paper models Russian Federation–East Asia LNG trade patterns via the gravity trade theory, which is shown to fit well with energy trade patterns. The findings reveal that a 1% increase in population growth in the People’s Republic of China, Japan, and the Republic of Korea increases Russian Federation LNG exports by nearly 3.43%, and economic growth by 6.16%, while any increase in geographical distance decelerates LNG exports to the selected East Asian economies by nearly 7.3%. This means that the close proximity of the Russian Federation to East Asia is an advantage for its LNG exports. Furthermore, the West’s sanctions against the Russian Federation are a positive influencing factor on the latter’s LNG export volume to East Asia. Our findings recommended some policies such as construction of a gas trading hub in Asia, increasing regional pricing power, and energy import diversification and shorter distances between the Russian Federation (exporter) and East Asia (importer) to improve energy security in this region.
dc.languageEnglish
dc.publisherAsian Development Bank Institute
dc.titleRussian Federation-East Asia Liquefied Natural Gas Trade Patterns and Regional Energy Security
dc.typeWorking Papers
dc.subject.expertEnergy Economics
dc.subject.expertEnergy Technology
dc.subject.expertEnergy Development Finance
dc.subject.expertIntraregional Trade
dc.subject.expertRegional Trade
dc.subject.expertTrade
dc.subject.expertHealth Standards
dc.subject.expertHealth Care Cost Control
dc.subject.expertHealth Care Access
dc.subject.expertWorld Trade Organization
dc.subject.expertTrade Restrictions
dc.subject.expertTrade Negotiations
dc.subject.expertTrade Liberalization
dc.subject.expertTrade Barriers
dc.subject.adbEnergy Demand
dc.subject.adbEnergy Flow
dc.subject.adbEnergy Markets
dc.subject.adbEnergy Prices
dc.subject.adbEnergy Supply
dc.subject.adbRegional development bank
dc.subject.adbTrade development
dc.subject.adbImport volume
dc.subject.adbExport volume
dc.subject.naturalEnergy industry
dc.subject.naturalElectric power
dc.subject.naturalEnergy security
dc.subject.naturalPrice
dc.subject.naturalSupply and demand
dc.subject.naturalRegional trading blocs
dc.subject.naturalForeign trade and employment
dc.subject.naturalDeveloping countries
dc.subject.naturalIndustrial priorities
dc.subject.naturalTechnological innovation
dc.subject.naturalTechnology transfer
dc.subject.naturalForeign trade regulation
dc.subject.naturalIndustrial relations
dc.title.seriesADBI Working Paper Series
dc.title.volumeNo. 965
dc.contributor.imprintAsian Development Bank Institute
oar.themeEnergy
oar.themeTrade
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-009970
oar.authorRasoulinezhad, Ehsan
oar.authorTaghizadeh-Hesary, Farhad
oar.authorYoshino, Naoyuki
oar.authorSarker, Tapan
oar.importTRUE
oar.googlescholar.linkpresenttrue


Files in this item

Thumbnail

This item appears in the following Collection(s)

  • ADBI Working Papers
    The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

Show simple item record