Iran News ...


11/02/08

Planned 'Gas OPEC' meeting delayed until 2009: Gazprom spokesman

Berlin, Nov 1, IRNA - A spokesman for Russia's state-owned energy giant Gazprom said plans for a meeting of natural gas exporting countries scheduled for Moscow this month, had been shelved until January 2009, the daily Die Welt newspaper reported Saturday.

The decision has been backed by all members of the Gas Exporting Countries Forum, said Gazprom official Sergei Kuprianov.

Gas exporting countries were due to meet in Moscow on November 17 and 18 to announce the formation of a gas cartel like OPEC which would determine supply and impact prices.

According to Kuprianov, the meeting was delayed to give member states more time to find a common stance on natural gas exports.

A major point of contention is the future site of the headquarters of the gas cartel.

Moscow and Doha are reportedly the front-runners.

The Gas Exporting Countries Forum which includes 14 countries, among them Russia, Iran, Qatar, Algeria, Venezuela, Nigeria, Egypt, Indonesia and Libya, was launched in Tehran in 2001.

Its last meeting in Doha dates back to April 2007.

... Payvand News - 11/02/08 ... --



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