Gas OPEC: An idea going nowhere fast
Russia, Iran, Qatar form technical committee to discuss gas policy; long-term LNG sales contracts obstacle to powerful cartel
For Petroleum News
Russia, Iran and Qatar, holding a combined 60 percent of the world’s natural gas, are cooperating on “all levels” to establish a “Gas OPEC” made up of global exporters — an initiative that, in the view of many analysts, has little hope of success because gas has yet to become a worldwide commodity.
[additional news subjects in this story]
Long-term gas sales an issue
Russia hasn’t joined OPEC
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