ASSESSMENTS
Russia, Algeria: A Natural Gas Cartel that Might Work
Feb 20, 2008 | 18:08 GMT
SERGEI ILNITSKY/AFP/Getty Images
Summary
Russia and Algeria are in talks about forming a natural gas cartel along the lines of the Organization of Petroleum Exporting Countries (OPEC), setting prices for supplies to Europe. This could be Moscow's best chance to block Europe from breaking out of its energy dependence on Russia.
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