Last month, reports from Iran, Qatar and Russia indicated there is interest from all three nations in the desire to form an organization for natural gas exporting nations, an organization that would be similar to OPEC.
http://www.mosnews.com/money/2007/02/06/gasopec.shtml
http://www.huliq.com/9678/gas-opec-moves-closer-to-becoming-reality
This would be a major event, not for the present energy situation but in the long-term energy situation factoring Western natural gas depletion. These three nations alone control roughly 58% of proven gas reserves in the world.
The Desert Sun recently reported that now Venezuela is in the mix. The formation of a cartel from these four nations would then control nearly 61% of world proven natural gas reserves. For a reference, OPEC controls nearly 80% of world proven reserves.
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