Effects of higher domestic gas prices in Russia on the European gas market: A game theoretical Hotelling model
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Domestic gas consumption in Russia could annually decline by 116 bcm.

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Export supply to Europe could annually increase by 33.7 bcm.

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Total gas consumption in Europe could annually increase by 17.5 bcm.

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Export tax revenue from gas could annually increase by 38.4 billion USD.

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Domestic gas subsidy could annually decrease by 34.1 billion USD.

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