This paper provides an overview of existing research on the outcomes of government ownership and intervention in the energy sector through the example of state-owned oil companies as they compare with their so-called private sector counterparts. The purpose of this analysis is to improve the competitiveness of the energy sector while settling exaggerated fears regarding the negative effects of energy nationalism on the security of supply to other countries. This paper builds on work of the EastWest Institute beginning in 2005 on promoting confidence, trust and cooperation in global energy security.

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East-West Institute