Belarus hopes that broader economic integration with Russia as of 2010 will help it secure the discounted rates it currently pays for natural gas. The current massive debt problems faced by Russian electricity providers are reportedly due to to ‘delinquent private and corporate customers‘ avoiding paying their bills. The doubling of output at Su Tu Vang will boost Vietnam’s national crude output by 25%. An expansion of a major oilfield in Bahrain could see a doubling of the country’s national output.
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Russia and the Gas Cartel, Part II: Gasfinger?
This entry is the second installment in a series of posts addressing the realities of the formation of a potential natural gas cartel. The first installment can be viewed here. Since the Financial Times broke the big story about the…