History of Science and Engineering Annotation << Back Realities and Prospects of «Organization of Gas Exporting Countries» Formation for Russian Federation O.A. Shkabardnya This article covers the problem of establishment of Gas Exporting Countries Organization as a foreign trade activities regulator and political pressure tool against energy-dependent consumers. Is it rational to sign an agreement between strategically opposed countries in view of exciting long-term gas contracts? Can it be a secure guarantee of liquefied natural gas market fair division between mayor producers? Complete analysis of given issues exposes key points, which determine cartel formation reasonability and economic consequences for Russian Federation. Key words: gas; export; foreign trade. E-mail:nvsh64@mail.ru