Gas Exporters: Friends Or Rivals?

The third meeting of the Gas Exporting Countries Forum (GECF) held in Tehran this week attracted relatively limited attention, despite Iran’s attempts to promote the role of the organization as a credible gas group that could ultimately manage markets. Despite some speculation to the contrary, there are no moves towards an official ‘gas Opec.’ Only a few members, in particular Russia, seem willing and able to exert their market power.

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