Libya supports gas OPEC idea, Gaddafi says

TRIPOLI


“I think gas producing countries have begun to respond to this idea, this call, and consultations will start between us to realize it,” he said in a speech at a dinner hosted in honour of Putin, who is on a visit to the north African country.

Turning to oil, Gaddafi added that oil producing countries had a duty “to do something to help countries affected by the price hikes, particularly the African countries.”

Some gas exporting countries are exploring the idea of turning an informal club of major gas exporting nations into a more formal organisation with an OPEC-like charter.

Reuters