Europe's nightmare: A world natural gas cartel

World’s natural gas exporting countries will gather in Doha on April 9 for a forum that may set the grounds for a new natural gas cartel built on the rules of OPEC. The cartel, which for a start would bring together Russia, Iran, Algeria, Qatar and Venezuela, aims at becoming the most important energy player worldwide. Not a new idea, but rather one that was extensively discussed lately.The most important supporter for such a cartel is Iran, the world’s second largest natural gas ...

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