Prospects and difficulties for OPEC-style gas cartel
Article from: OGEL 3 (2009), in OGEL Student Special
Introduction
(Higher School of Economics) Natural gas demand growth has been increasing for the past decades. The US, China and India are becoming large gas importers, without mentioning the EU. The chase for cleaner environment drives developed countries into the "gas-or-nuclear" corner, and most of them go for the gas option, while their developing peers may not have a second option at all. The EU and the US gas production is declining, and they are becoming, therefore, increasingly dependent on imports. Most other big gas consumers are initially dependent due ...