Putin

Putin says gas producers' OPEC 'interesting idea'MOSCOW (AFX) - Russian President Vladimir Putin said that forming a natural gas equivalent of the oil cartel OPEC (Organisation of Petroleum Exporting Countries) with Iran and possibly other producers was "an interesting idea.""A gas OPEC is an interesting idea. We're going to think about it," Putin said."We already try to coordinate our activities on the markets of these countries. We don't want to create some kind of cartel but it would be right to coordinate our activities, bearing in mind the decision of the main problem -- secure and reliable supply of energy resources to the main consumers."