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Qatar to launch first market for LNG

Posted by Matt in April 8th, 2007

Qatar is to launch the first market for trade in liquefied natural gas (LNG) amid fears that the world’s gas-exporting countries are forging closer links that could lead to the formation of a gas cartel.

The Gulf emirate is seeking to capture global trade in the world’s fastest-growing energy commodity with the creation of an LNG contract based at IMEX, an energy exchange to be launched this year in Doha, the capital of Qatar.

Talk of the formation of a gas cartel overhangs a meeting of the Gas Exporting Countries Forum (GEFC) that begins today in Doha. The notion of a gas Opec, proposed by Iran last month, has been rejected by Russia, but other members of GECF, such as Algeria, have expressed ambivalence and recommended that an expert group study the proposal.

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Related posts:

  1. Economic Brief: The Implications of a Russia-led Gas Cartel

Published in Energy, Middle East, , , , , , , , , , , , , ,

Map for Tehran, Iran

[Countries link to CIA Factbook. States link to Wikipedia.]


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YouTube Related Videos for Tags: algeria, Energy



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Tags: Algeria, business_GF, Energy, futures, Nigeria, Oil, OPEC, prices
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Krechba Carbon Dioxide Storage
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Democracy Now Headlines, Tues, Aug, 19, 2008
Headlines * 10 French Soldiers Killed in Afghanistan * Judge Rules Aceh Villagers Can Sue Exxon for Human Rights Abuses * Algerian Bombing Kills 43 * White House Praises Musharraf as Pakistani President Resigns * 12 Killed in Bomb Blast at Pakistani Hospital * US: Russia Is Playing a "Very Dangerous Game" * Obama Expected to Name Running Mate this Week * Pelosi Proposes to Expand Offshore Drilling as Part of Energy Bill * Judge Reduces Charges in Killing of Mexican Immigrant * Peru Declares State of Emergency Following Indigenous Protests * China Approves No Permits to Protest at Olympics * Cheney Aide Considered for Top Energy Dept Position * More Headlines...
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Keri Hilson - Energy (2008)
Keri Hilson - Energy (2008)
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ADMIRATION
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FirstWorks 2008: Cie. Heddy Maalem
Emotion explodes with furious energy in French/Algerian choreographer Heddy Maalem's dazzling interpretation of Stravinsky's timeless masterpiece. Music is set ablaze by fourteen utterly distinctive dancers from Mozambique, Mali, Nigeria and Senegal-- equally at home in contemporary and traditional African dance. Atmospheric projections from award-winning French filmmaker Benoit Dervaux complete Maalem's bold take on The Rite of Spring (Le Sacre du Printemps) -- re-imagining the danger and celebration of nature's rebirth.
Tags: festival, FirstWorks, Providence



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