o7
IS A NATURAL GAS CARTEL FORMING?
op-ed
It has now been over two months since Qatar made the decision to leave OPEC, with many analysts providing informed views on Qatar’s future energy strategy. This article aims to provide an analysis of Qatar’s pivot toward natural gas, and the potential implications for global energy security.
Qatar has long been a key player within the LNG export market, comprising 26.50 percent of global seaborne LNG trade in 2017 (Figure 1). It was likely with this in mind that Saad al-Kaabi, the country’s energy minister, stated that Qatar is leaving OPEC in order to focus on its LNG strategy.
Figure 1: The development of Qatar’s LNG market share, relative to the growth of the global LNG trade.
Conservative projections for the long-term viability of crude, Qatar’s marginal position within the Organisation of Petroleum Exporting Countries (OPEC), and its relatively prominent position within LNG markets, culminated in a pragmatic decision to re-focus its policy towards the development of natural gas assets. This article compares the characteristics of both OPEC and the Gas Exporting Countries Forum (GECF), assessing the efficacy of Qatar’s transition towards the development of gas assets.
In order to understand how the world's major economies will respond to the growing roll of natural gas as a primary energy source, it is important to first analyse the availability and location of the world's gas reserves. Figure 2 displays OPEC members, GECF members and GECF observers, whilst Table 1 displays production share, reserve share and R/P ratio of crude oil and gas across different regions.
rest at link
https://www.zerohedge.com/news/2019-02-13/natural-gas-cartel-forming
can't come soon enough. never used it but do not begrudge people who do.
right here
https://www.secform4.com/insider-trading/2488.htm
ORCA!
and this is a bad thing how?
o7
https://www.secform4.com/insider-trading/36377.htm