Measuring Energy Security: Trends in the Diversification of Oil and Natural Gas Supplies

By Prakash Loungani, Frederick L. Joutz, G. Cohen. Social Science Research Network, 2011

263 citations recorded by the source corpus.

We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies has increased steadily. We document the cross-country heterogeneity in the extent of diversification. We also show how the extent of diversification changes if account is taken of the political risk attached to suppliers; the size of the importing country; and transportation risk.

Subfields: General Energy

View Paper: https://www.semanticscholar.org/paper/fc3717431dac79e3ada509a0fe6d1f35040a5568

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In General Energy

1. Alexis Ioannidis
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Citations in the corpus

• Energy supply security in the EU: Benchmarking diversity and dependence of primary energy (2017, background): “On the other hand, Cohen et al (2011) points out that SWI gives greater impact on the contribution of options and HHI on the number of options [44].”