[QODLink]
Inside Story
A gas OPEC in the making?
Is raising prices the aim or could an OPEC-style bloc of gas-producing countries eventually emerge?
Last Modified: 17 Nov 2011 10:47

Seeking higher prices, top gas producers have met in their first ever summit - to co-ordinate efforts on the global market.

Gas consumption across the world is growing and by some estimates it may outstrip coal and even oil in a quarter of a century.

Some believe the organisation may eventually turn into a version of OPEC - fixing prices and gaining huge wealth and much greater political and strategic influence - for gas. The countries involved say that is not their aim.

But is it only about raising prices? Or could an OPEC-style grouping of gas-producing countries eventually emerge?

Inside Story, with presenter James Bays, discusses with guests: Saadallah Al-Fathi, an energy analyst and the former head of energy studies department at OPEC; Flynt Leverett, a professor of international affairs at Pennsylvania State University; and Shadi Hamid, the director of research at the Brooking Doha Centre.

Source:
Al Jazeera
Topics in this article
People
Organisation
Featured on Al Jazeera
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.
At least 25 tax collectors have been killed since 2012 in Mogadishu, a city awash in weapons and abject poverty.
Tokyo government claims its homeless population has hit a record low, but analysts - and the homeless - beg to differ.
3D printers can cheaply construct homes and could soon be deployed to help victims of catastrophe rebuild their lives.
Featured
Pro-Russia leaders' election in Ukraine's east shows bloody conflict is far from a peaceful resolution.
Critics challenge Canberra's move to refuse visas for West Africans in Ebola-besieged countries.
A key issue for Hispanics is the estimated 11.3 million immigrants in the US without papers who face deportation.
In 1970, only two mosques existed in the country, but now more than 200 offer sanctuary to Japan's Muslims.
Hundreds of the country's reporters eke out a living by finding news - then burying it for a price.