"Pipelines make 'Gas OPEC' impossible"
Published: 23 December, 2008, 20:24
TAGS: Interview
It is impossible to create a gas consortium similar to OPEC because a global world gas market does not exist and local markets are divided into pipeline gas and liquefied gas markets, says energy expert Yury Scherbanin.
'Gas OPEC' driven by Russia, Iran and QatarIf an organisation of gas exporters is created, three countries, Russia, Iran and Qatar will drive the consortium, says Vitaly Ermakov, an analyst from the Cambridge Energy Organisation. |
Market Watch December 23: Light day with an upsideA very light days trade in Moscow saw the RTS and Micex move higher on the back of buoyant blue chip prices. At the Tuesday close the RTS was up 3.84% at 682.37, with the Micex up 4.37% at 661.33. |











