Tuesday, February 27, 2007

Should Europe see a gas cartel as a threat to its supplies?


At a time when gas exporting countries are considering the formation of an OPEC type gas producer’s cartel. EU President Barrosso has argued the case for a united European energy strategy in order to improve and maintain a more favourable bargaining position. Energy experts argue that such a strategy is necessary, but, doubts, given the very differences that exist with gas production, distribution and marketing, that the formulation of an OPEC type organisation is viable. In any case, current Russian energy export policy is against surrendering any part of its existing power by involvement implicit in any OPEC type organisation. They conclude that Europe should formulate an energy strategy, but the most pressing question is, irrespective of the development of a gas exporter’s cartel, how Europe deals with its increasing dependency on gas imports from Russia and elsewhere.src="http://www.blogtopsites.com/tracker.php?do=in&id=18084"
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