• Focus Area Regional Energy Markets Regional Energy Markets
  • Type Discussion paper
  • Date 4 April 2023
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Abstract

Long-term natural gas contracts are necessary market instruments that provide supply security for customers and demand security for producers. Nevertheless, the European Commission recently announced a plan to ban long-term contracts for unabated fossil gas after 2049. This study shows that this plan may destabilize the market due to the lack of supply security for customers and demand security for producers. We find the following main results.

Authors

Zlata Sergeeva

Research Associate Zlata leads “The Future of Hydrocarbons in a Carbon-Managed World” project, aimed at estimating the consequences of international carbon regulation… Zlata leads “The Future of Hydrocarbons in a Carbon-Managed World” project, aimed at estimating the consequences of international carbon regulation for hydrocarbon markets, with producers starting to offer carbon-neutral LNG and carbon-neutral oil cargos. Previously, Zlata worked in the Energy Center of the Skolkovo Business School, where she researched natural gas and LNG markets and organized the international Energy Summer School for several hundred participants from all over the world. Later, she joined the Business Strategy Department in NOVATEK, Russia’s leading independent gas producer, where her main focus was on strategic forecasting and international cooperation in LNG, hydrogen and CCUS. Since 2020, Zlata has also been a member of the Future Energy Leaders Programme of the World Energy Council.

Expertise

  • Carbon-Neutral Trade of Hydrocarbons
  • LNG
  • Carbon Markets
  • Hydrogen
  • Energy Policy
  • Energy Transition in Conventional Economies

Publications See all Zlata Sergeeva’s publications

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