We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

E.U. Energy Chief Opposes Natural Gas Cartel

Law360 (March 27, 2007, 12:00 AM EDT) -- The European Union's energy commissioner has repeated his opposition to an OPEC-style natural gas cartel among producing countries, echoing his American counterpart in saying that such a cartel could make the gas market less reliable.

Commissioner Andris Piebalg’s comments, aimed at natural gas producers like Russia and Algeria, followed a speech delivered Monday at the European Institute in Washington, D.C. on enhancing cooperation between the E.U. and the U.S.

“We hope that they don’t form a cartel,” said Ferran Tarradellas, a spokesman for Piebalgs. “The Commissioner...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.