November 2010 Vol. 237 No. 11

Features

Western Energy Security: Will There Be A Gas OPEC?

Russia, the world’s top producer and exporter of natural gas, is spearheading Gas Exporting Countries Forum’s (GECF) efforts to inflate its profile and mission amid a global gas glut. Russia and fellow member countries Iran and Qatar form a troika that controls over half of global reserves. The troika is looking to extend trilateral cooperation and wants to ensure gas prices are vulnerably linked to those of oil. Although there remains some debate concerning the potential influence that a troika-controlled gas OPEC could have on the world’s natural gas industry, gas cartelization certainly works against the West’s long-term energy security and its foundat

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