Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/222732 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
ADBI Working Paper Series No. 965
Verlag: 
Asian Development Bank Institute (ADBI), Tokyo
Zusammenfassung: 
East 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 L NG 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.
Schlagwörter: 
gravity trade modeling
LNG trade
energy security
Russian Federation
East Asia
JEL: 
Q37
R11
F14
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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