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Information Journal Paper

Title

IS THE GAS EXPORTING COUNTRIES FORUM A CARTEL?

Pages

  25-48

Abstract

 Establishment of the GAS EXPORTING COUNTRIES FORUM in Tehran in 2001 has been one of the most important changes in the GAS MARKET. Member countries have had the following three main objectives: creating an organized structure for the global GAS MARKET, creating consistency in their export policies and increasing gas prices. Establishment of the forum has sparked concerns amongst gas importers that a CARTEL is being formed, on the model of OPEC for the oil market, which would disrupt security of supply security and increase gas prices. Our study indicates that while the forum has good potential for impacting the GAS MARKET it faces many challenges for its transformation into a CARTEL or any other effective player on the GAS MARKET. We can thus conclude that given the current structure of the GAS MARKET and the forum and problems faced by the forum, at least in the near term one can not expect a CARTEL to be formed in the GAS MARKET.

Cites

References

Cite

APA: Copy

FALAHI, MOHAMMAD ALI, DEHNAVI, JALAL, & TAHERIFARD, ALI. (2012). IS THE GAS EXPORTING COUNTRIES FORUM A CARTEL?. ENERGY ECONOMICS REVIEW, 9(34), 25-48. SID. https://sid.ir/paper/99502/en

Vancouver: Copy

FALAHI MOHAMMAD ALI, DEHNAVI JALAL, TAHERIFARD ALI. IS THE GAS EXPORTING COUNTRIES FORUM A CARTEL?. ENERGY ECONOMICS REVIEW[Internet]. 2012;9(34):25-48. Available from: https://sid.ir/paper/99502/en

IEEE: Copy

MOHAMMAD ALI FALAHI, JALAL DEHNAVI, and ALI TAHERIFARD, “IS THE GAS EXPORTING COUNTRIES FORUM A CARTEL?,” ENERGY ECONOMICS REVIEW, vol. 9, no. 34, pp. 25–48, 2012, [Online]. Available: https://sid.ir/paper/99502/en

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