TITLE

Prospect of gas cartel should worry the industry

AUTHOR(S)
Kamalick, Joe
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. chemical producers should be concerned about the emergence of a natural gas pricing cartel similar to Organization of Petroleum Exporting Countries. U.S. officials are considering the Gas Exporting Countries Forum (GECF) which was formed in Tehran, Iran in 2001. GECF officials deny that they are a price-fixing cartel. Chemical manufacturers in the U.S. are almost wholly dependent on natural gas as either feedstock or energy fuel.
ACCESSION #
24983106

 

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