Doha: The Organisation of Petroleum Exporting Countries (Opec) had little influence until a decade after it was founded and it could take an organisation of leading gas producers even longer to gain clout, but it is moving in that direction.
At its first meeting in two years, the Gas Exporting Countries Forum on Monday decided to set up a high-level study group, led by the world's biggest gas exporter Russia, to examine tighter collaboration.
Ministers said it was a step towards turning the previously toothless body into a gas version of Opec, which has a permanent secretariat, a team of experts to analyse the balance of supply and demand and has at times sent oil prices soaring.
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Some big gas powers balked at the word cartel - a label often given to Opec and also rejected by many in that group. They said they were not seeking to fix prices or limit supplies to consumers.
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