Novatek CEO Opposes Creation of 'Gas OPEC,' Coordination of Any Prices

Novatek CEO and co-owner Leonid Mikhelson believes gas markets should not coordinate on prices and create a "gas OPEC."

ST. PETERSBURG (Pakistan Point News / Sputnik - 03rd June, 2021) Novatek CEO and co-owner Leonid Mikhelson believes gas markets should not coordinate on prices and create a "gas OPEC."

"I am against the 'gas OPEC' and coordination of any prices.

I am for the development of competition, for the growth of spot trade," Mikhelson said at a briefing at the St. Petersburg International Economic Forum (SPIEF).

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