Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Russia And Iran Joining To Form OPEC-like Cartel For Gas
thefinancialtrends.com ^ | 8/25/2022 | david greenburg

Posted on 08/26/2022 4:32:28 PM PDT by bitt

Russia and Iran are have begun talks to create an OPEC-like cartel for natural gas which would allow them to coordinate an “extraordinary” level of reserve output, giving them tremendous control over the tightness of the market and the price of the resource, according to a report by OIlPrice.

The report said, “Occupying the number one and number two positions in the world’s largest gas reserves table, respectively – Russia with just under 48 trillion cubic meters (tcm) and Iran with nearly 34 tcm – the two countries are in an ideal position to do this.”

Russia’s Gazprom and the National Iranian Oil Company (NIOC) signed a $40 billion memorandum of understanding, last month which was described in the report as, “a stepping stone to enabling Russia and Iran to implement their long-held plan to be the core participants in a global cartel for gas suppliers in the same mold as the Organization of the Petroleum Exporting Countries (OPEC) for oil suppliers.”

Hamid Hosseini, chairman of Iran’s Oil, Gas, and Petrochemical Products Exporters’ Union, said of the memorandum of understanding, “Now the Russians have come to the conclusion that the consumption of gas in the world will increase and the tendency towards consumption of LNG has increased and they alone are not able to meet the world’s demand, so there is no room left for gas competition [between Russia and Iran].”

According to the report, the Russia-Iran cartel sees LNG supplier Qatar, the supplier with the third-largest gas reserves in the world, just under 24 tcm, as a prime candidate for joining them, and giving the cartel even further control over gas production and the price of the product.

(Excerpt) Read more at thefinancialtrends.com ...


TOPICS: Culture/Society; Extended News; Foreign Affairs; Government; Russia
KEYWORDS: 123oclock4oclockzot; axisofevil; bible; ezekiel38; gas; gazprom; iran; lastdays; nioc; ntsa; oohhowscary; opec; prophecy; russia; zot
Navigation: use the links below to view more comments.
first 1-2021-22 next last

1 posted on 08/26/2022 4:32:28 PM PDT by bitt
[ Post Reply | Private Reply | View Replies]

To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

p


2 posted on 08/26/2022 4:32:40 PM PDT by bitt ( <img src=' 'width=50%> )
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

also,

https://www.thefinancialtrends.com/2022/08/25/british-energy-bills-set-to-skyrocket-300-this-winter/


3 posted on 08/26/2022 4:33:40 PM PDT by bitt ( <img src=' 'width=50%> )
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

Wonder how the Saudia Arabia sees this.


4 posted on 08/26/2022 4:35:17 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

So, Gog, Magog and Persia are getting chummy now? That makes the times more interesting.


5 posted on 08/26/2022 4:36:17 PM PDT by BipolarBob (Vote NOW!! to repeal the Second Law of Thermodynamics like your life depends on it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

(Russia and Iran)

Regardless of Hillary’s Russia Russia Russia and all the current events, I expect Russia and Iran will be partners in the Ezekiel 38 Gog-Magog attack on Israel.

God will stop them. They will fail.

God has prophesied this.

A hook of some sort will draw Russia into this conflict.

I expect Turkey too (House of Togarmah). Yes despite current events.

Keep an eye on Libya (Put in your King James Bible).

Sheba and Dedan (Saudi Arabia) shall protest this invasion.


6 posted on 08/26/2022 4:41:42 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BipolarBob

Yep, Ezekiel 38 is coming


7 posted on 08/26/2022 4:42:03 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 5 | View Replies]

To: bitt

Together they would be almost as big as the US.
But it will be years before Russia has the infrastructure to convert their natural gas to liquid form. So Russia can’t move it unless the pipelines to Europe are flowing.

Country Yearly Gas Production
(MMcf)
1 United States 32,914,647,000
2 Russia 22,728,734,000
3 Iran 9,097,956,245
4 Canada 6,751,698,275
5 Algeria 6,491,744,560
6 Qatar 6,000,936,690
7 Norway 5,763,408,000
8 China 4,559,625,595
9 Saudi Arabia 4,231,796,450
10 United Arab Emirates 3,178,738,465


8 posted on 08/26/2022 4:46:30 PM PDT by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies]

To: SaveFerris

Keep an eye on Libya (”Put” in your King James Bible).

In the table of nations

Genesis 10:6
King James Version

6 And the sons of Ham; Cush, and Mizraim, and Phut, and Canaan.


9 posted on 08/26/2022 4:48:05 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 6 | View Replies]

To: bitt

Fought to you by the idiotic leftists and to the cheers of pernicious neocon Freepers.


10 posted on 08/26/2022 4:50:10 PM PDT by WMarshal (Neocons and leftards are the same species of vicious rat.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

The entire Middle East fears and despises everything America and the globalists stand for. The New Green Deal and the perversions we’re selling drive the OPEC nations into BRICS’ arms. This second world alliance of food and energy producers will dominate the decant west which is spiraling to the third world.


11 posted on 08/26/2022 4:54:25 PM PDT by hardspunned (former GOP globalist stooge)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SaveFerris

Israel is perfectly irrelevant in the grand scmeme of things and with agreement has nothing to do with it.
You can bet on Biden trying to use Israel as a ram, the way he uses Ukraine right now.


12 posted on 08/26/2022 4:59:44 PM PDT by NorseViking
[ Post Reply | Private Reply | To 6 | View Replies]

To: bitt

I’ve been hearing about this kind of thing for decades and it never happens. No honor amongst thieves is always the deal killer here.


13 posted on 08/26/2022 4:59:45 PM PDT by MercyFlush (☭☭☭ Soviet Russia must be destroyed. ☭☭☭)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

Thank you Brandon and all the Homoglobalist western leaders for pushing Russia, China, and Iran together! Fools.


14 posted on 08/26/2022 5:20:45 PM PDT by aMorePerfectUnion (Fraud vitiates everything. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: BipolarBob

📖


15 posted on 08/26/2022 5:22:23 PM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors)
[ Post Reply | Private Reply | To 5 | View Replies]

To: NorseViking

Fun times ahead


16 posted on 08/26/2022 5:26:33 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 12 | View Replies]

To: bitt

If they get Cutter and Algeria on board, they’ll be FORMIDABLE. Bummer for Europe that Greta won’t permit them to use North Sea Natural Gas, along with land-based deposits.


17 posted on 08/26/2022 5:33:20 PM PDT by BobL (The Globalists/Neocons desperately want Ukraine to win...makes it easy for me to choose a side)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

If this keeps up, I may still be alive when Jesus comes back.


18 posted on 08/26/2022 5:52:24 PM PDT by roving ( Pronouns- libs/suk)
[ Post Reply | Private Reply | To 1 | View Replies]

To: WMarshal

This is all God. He is pushing everyone to this point. The bible lays it all out


19 posted on 08/26/2022 5:54:37 PM PDT by roving ( Pronouns- libs/suk)
[ Post Reply | Private Reply | To 10 | View Replies]

To: roving
"This is all God. He is pushing everyone to this point. The bible lays it all out"

Whether God is using evil men and women or not does not mean that they deserve or will escape punishment.

20 posted on 08/26/2022 5:57:35 PM PDT by WMarshal (Neocons and leftards are the same species of vicious rat.)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson