Middle East Economic Survey

VOL. LIII

No 17

26-April-2010

Gas Exporters Call For Oil Price Parity

Energy ministers of the Gas Exporters Countries Forum (GECF) meeting in Oran on 19 April reiterated calls for gas to be valued at parity with crude. But host Algerias pre-meeting ambitions of concrete action towards limiting spot supply were frustrated, with GECF heavyweights Russia and Qatar both opposed to the Algerian proposal. However, while any immediate progress towards creation of an OPEC-like...