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OverviewThe Gas OPEC Myth analyzes the reasons why a global natural gas cartel is not yet possible. Gas market collusion requires the elimination of significant constraints including regionalization of markets, gas demand elasticity, supply glut and lack of incentive for international political cooperation. The book also adds a domestic layer by discussing the different motives for natural gas producers to avoid joint setting of prices and quantities. While several studies have pointed to the economic benefits of collusion for the natural gas exporters, their conclusions are based on strong market assumptions including the convergence of regional gas prices on a global level, creation of spot markets based on LNG and the possibility for political cooperation among the members of the Gas Exporting Countries Forum (GECF). The book suggests that a functioning natural gas cartel could be possible if there were a market-sharing agreement between the two largest natural gas exporters, Russia and Qatar, and if key resource holders in the Middle East and Central Asia were to join the GECF, the dubbed gas-OPEC. Full Product DetailsAuthor: Vladimirov MartinPublisher: LAP Lambert Academic Publishing Imprint: LAP Lambert Academic Publishing Dimensions: Width: 15.20cm , Height: 0.40cm , Length: 22.90cm Weight: 0.118kg ISBN: 9783659596872ISBN 10: 3659596876 Pages: 72 Publication Date: 17 September 2014 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |