Gas Exporters Seek ‘High’ Prices as They Cooperate on Supply
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The world’s largest natural-gas exporters aim to cooperate in developing projects for production and sale of the fuel to raise prices and boost supply.
Officials from Qatar, Iran, Egypt and Algeria, among others, agreed today in the Qatari capital Doha that the price of the fuel used to generate electricity is too low. They disagreed on how the Gas Exporting Countries Forum, a producers’ group set up to share market information and coordinate projects, could also help maximize the income of its 11 members.