Abstract

The formation of an organisation for natural gas producers along the lines of the Organisation of the Petroleum Exporting Countries (OPEC) came a step closer in April 2007 at a meeting in Qatar of the Gas Exporting Countries Forum. An expert panel was set up to study pricing, infrastructure and the relationship between producers and consumers. Russia and Qatar deny they want to establish a gas cartel, but the forum is considering closer cooperation on pricing, technology-sharing and investment priorities. Any moves that could involve formal cooperation on pricing and production would be opposed by consumer nations and some leading producers.

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