Major gas exporting countries have said they will form a high-level committee to discuss pricing.
However, meeting in the Qatari capital Doha, the informal grouping, called the Gas Exporting Countries Forum, said it had no plans to set up a cartel.
Russia, will head the committee with other members also including Iran and Kazakhstan, Algeria and Qatar. The forum is a relatively informal grouping with a variable membership but it accounts for something like 70% of known reserves.
Some of its leaders had expressed interest in forming a cartel similar to Opec to control production and price.