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Commodities Briefing - Categorized | Market Moves, Oil, People more

Is Vladimir Putin building a new OPEC?

Posted on 10 July 2013

For years, natural gas has been a relatively regional product, and producers that had access to major markets via pipelines were the only game in town. The prospect of liquefied natural gas, or LNG, exports from new places all over the world is turning that logic on its head, and so the former big bosses of natural gas are looking to maintain their prominence through an OPEC-style cartel.
Let’s find out why these natural gas giants are nervous and discover what an organization like OPEC could mean for the natural gas industry………………………………………..Full Article: Source


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VRS - who has written 36171 posts on Opalesque Commodities Briefing.


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