Table: After OPEC, ONGEC?
The natural gas market is as highly concentrated as the oil market
ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES
Share of total oil exports to industrialized nations*: 52%
GAS EXPORTING COUNTRIES FORUM
Share of total natural gas exports to industrialized nations*: 53%
* Fourth-quarter 2004. Based on exports to members of the Organization for Economic Cooperation & Development (OECD)
Data: International Energy Agency, BusinessWeek