Visegrad gas market integration – brief history and reality check
Visegrad gas market integration – brief history and reality check

Summary/Abstract: Gas market integration has become an important area of cooperation for the Visegrad Group in recent years. Two integration initiatives have been launched since the 2009 gas crisis: the North–South Gas Corridor and a Roadmap for a Regional Gas Market. In this paper I briefly examine the history of the Visegrad Group’s gas cooperation and the results of its integration efforts. The general conclusion is that integration has certainly progressed, albeit at a slow pace. The important achievements so far are well-established political cooperation and improved interconnectivity. However, different regulatory regimes, the slow liberalization process and the predominance of Russian gas supplies are hampering genuine market integration. All in all, Visegrad gas market integration is just at the “take-off” stage and there is still a long road ahead to achieving a truly integrated region.

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