Putin's Iran Visit: Natural Gas Cartel?

HBPM1
by HBPM1
15-Oct-2007
 

The affordable "clean" energy source of the future, most likely to replace crude oil and coal, is natural gas. Energy prices and technological advances are even making it possible to cost-effectively "freeze" and transport natural gas, much like crude oil, in specialized shipping vessels to customers the world over. What should evolve from Russian President Vladimir Putin's upcoming visit, more important than discussions on the manner of distribution of the natural resources of the Caspian Sea or the evolution of Iran's nuclear program and Russian assistance therein, is an economic pact (perhaps warranting the inclusion of the government of Qatar, as well) creating a natural gas cartel between at least two countries controlling close to a combined 50% (if not more) of the world's known natural gas reserves. Only this arrangement will protect both producer nations from ruinous competition, and assure them a high and stable revenue flow to meet the growing needs and demands of their people.

Share/Save/Bookmark

Recently by HBPM1CommentsDate
Marketing Advice To Brokers and Realtors
1
Oct 09, 2010
Can you afford to die?
1
Jul 18, 2010
Beware the Bonyad Mostazafan: Den of Thieves
3
Apr 24, 2010
more from HBPM1
 
default

Russia not even willing to join OPEC

by Yekidota (not verified) on

Russia isn't willing to join OPEC so why would they create a gas cartel? Their past behavior suggests they don't like cartels.


default

Nice thought process, but I wish ....

by ahmad_bahai (not verified) on

I wish you had also elaborated on othe aspects of his visit. For example, VOA, which is mouthpiece and propaganda machine of US Government, tells its iranian audience that prior to dissolution of USSR, Iran had 50% control of the caspian resources (and USSR had 50%). They were saying that now Iran is going to tell putin to support them vis-a-vis nuke program, and Iran will only claim 10%!!!! an dthe rest for other litoral states inclusing Russia. As rediculous as their claim sounds (only since it comes from the radio of Iranian nation's "enemy"), one needs to ponder what else may be cooking. Also, this is the first visit after WWII. It has significance since at that time USSR was claiming Azarbayejan as part of its territory, and the rest is history. At that time of couse they called iran "bridge to Victory". Now the west calls Iran a terorrist nation!!! What else? These all need thoughtful reflection since in my opinion we are entering a new era. Hopefully a good one for our beloved Iran.

Regards,
A. B.


default

I am all for the spirit of cooperation

by Mehdi (not verified) on

I hope to see Iran and Russia, as well as any other country to expand communications and trade. People need to get closer to each other and work our peaceful solutions to create a beautiful Earth!