No "gas OPEC" documents to be signed at Qatar conference, Russian energy minister says - AP

[Eugene]

Source: Associated Press

No "gas OPEC" documents to be signed at Qatar conference, Russian energy minister says

The Associated Press
Published: April 6, 2007

MOSCOW: Russian Energy Minister Viktor Khristenko said Friday that no
documents on creating a natural gas cartel analogous to OPEC would be
signed at a meeting of gas-exporting nations next week, Russian news
agencies reported.

Khristenko is to represent Russia at the Monday meeting in Doha, Qatar, of
major gas-exporting nations.

In February, Russian President Vladimir Putin and Qatari Emir Sheik Hamad bin
Khalifa Al Thani said they would explore the creation of a natural gas cartel to
represent the interests of producer countries to influence the global market.
Russia and Qatar are two of the world's largest producers of natural gas.

"The fact that a cartel agreement on price formation for gas will not be signed
in Doha is clear," Khristenko was quoted as saying by the Interfax news agency.


Link: http://www.iht.com/articles/ap/2007/04/06/business/EU-FIN-Russia-Gas.php

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