
A truly developed global natural gas spot market would thrust Qatar firmly into pole position.
Despite clamour in the trade and consumer press growing about Russia, Iran and Qatar forming a gas cartel, it's unlikely anytime soon.
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The oil price has had a huge impact on the offshore industry, highlighting acute shortages in rigs, platforms and the required skilled manpower.
The sustained high price environment has driven the exploration and production industry back to offshore frontiers after a sustained lull.