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Russian-led 'gas OPEC' may emerge soon

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  • Russian-led 'gas OPEC' may emerge soon

    http://voiceofrussia.com/2014_05_07/...rge-soon-4451/

    If Russia and Qatar start coordinating their export policies, the two countries can exert tremendous influence on the global natural gas flows and prices, given that both countries are the top two biggest natural gas exporters in the world. Together with Iran, they control over 57% of the world's natural gas reserves and that is a very conservative estimate.
    If/when something like this kicks in then we'll we will be forced to start listening to all of the wining and complaining about *foreign* Natural Gas as if phrase *foreign* Oil isn't boring enough.

    I'm calling it first ..


    ?Innovation is driven by having access to things.? -- Gleb Budman, CEO of backblaze.com

  • #2
    Re: Russian-led 'gas OPEC' may emerge soon

    Interesting and all likely pre-planned when Putin snagged the valuable port city of Crimea. Another reason they want Ukraine back is the pipeline that feeds Europe that Russia uses as HOSTAGE bargaining chip when they shut down NG flows during the coldest part of winter . . . another tactic of Putin !!

    Need to EDUCATE the US Congress and President that there's no reason for USA to offer up LNG exported from USA which is totally ridiculuous with massive NG reserves right there in Russia. USA should use our own NG and LNG for our OWN uses here in USA like nationwide LNG and CNG public pumps! Carving up Ukraine is likely end result of this fiasco all orchestrated by Putin. When dust settles, Russia will keep Crimea and snag half of Ukraine that has Russian-speaking people AND that pipeline feeding NG to Europe.

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    • #3
      Re: Russian-led 'gas OPEC' may emerge soon

      For the record, only about 1/3 of the NG pipelines leaving Russia pass through the Ukraine. Most of it passes through Poland, and eastern Russia. Far western Europe is less likely to be affected by Putin's affect on the Ukraine, as all their pipeline routes do not pass through Ukraine. As for some of the baltic states, Romania, Czech Republic, et al, that a different story.

      Josh

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      • #4
        Unusually high amounts of natural gas being flared in Russia while exports to Europe reduced . .

        https://www.cnn.com/2022/08/26/energ...gas/index.html
        .

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        • #5
          As for the executives of GAZPROM and other Russian oil companies that are reluctant to cut Europe off . . .

          https://thehill.com/policy/internati...t-nine-months/
          .

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