Algeria, Iran, Qatar, Russia negotiating creation of OPEC-like gas cartel

Ansari - Iranian Ambassador to Russia Gholamreza Ansari speaks about Iran’s approaches to the resolution of a number of domestic and foreign political problems in an interview with Interfax

Algeria, Iran, Qatar, and Russia are holding consultations on the creation of an OPEC-like gas cartel, with the structure of the organization being the main topic on the agenda, Ansari said.

"Now gas producers are in talks and consultations on the creation of a certain OPEC-like structure. These are Iran, Russia, Algeria and Qatar," Ansari said, adding that Tehran views these talks in a positive manner.

"We hope that the creation of a relevant organization will be a result of the talks, which we view in a positive manner. We hope that the creation of this organization will bring good not only to producers but also consumers, and will contribute to the efficient use of this type of energy," the diplomat said.

The issue whether the OPEC-like gas cartel will give up the U.S. dollar as the currency for its operations is not on the agenda, he said.