Global gas cartel may be launched — QATAR | 世界のニュースを英語で読むならジャパンタイムズウィークリー


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Global gas cartel may be launched

Russian energy minister Viktor Khristenko AP PHOTO

The world's largest natural gas exporting countries plan to establish a group on gas pricing, the Russian energy minister said April 9, though his Iranian and Qatari counterparts denied the producers aim to establish a cartel.

Europe and the United States have expressed worries that the gas exporters seek to establish a cartel along the lines of OPEC that would control production levels and pricing. Faced with the concerns, leading producers Iran and Russia have backed off talk of doing so at the April 9 gathering in Qatar of the 16-member Gas Producing Countries Forum.

But Russian Industry and Energy Minister Viktor Khristenko said April 9 the forum would create a group to look into pricing. "Russia is ready to be the one that will carry out research into the problem of price formation for gas," Khristenko said.

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