Samuel Bodman: “Russia’s initiative to establish the organization of gas exporting countries has no positive side”

Samuel Bodman: “Russia’s initiative to establish the organization of gas exporting countries has no positive side”
# 13 November 2008 09:48 (UTC +04:00)
Baku. Viktoriya Dementyeva – APA. “The United States will support the ideas and projects on the transportation of energy carriers to the west,” U.S. Energy Secretary Samuel Bodman told journalists, APA reports.
“This may be Nabucco or Transcaspian project. Other projects are also possible, the main thing is the opportunity of choice in the world market. Therefore the US supports such kind of projects and is ready for any cooperation in this field,” he said.
Taking a stance on Russia’s initiative to establish the organization of gas exporting countries (Gas-OPEC), Samuel Bodman said the idea had no positive side for the countries importing energy resources.
“Establishment of such an organization may result in the increase of prices,” he said.
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