OREANDA-NEWS. June 17, 2014. Currently, these nations source a major part of their oil and gas needs from the middle-eastern countries. So far, the Organization of Petroleum Exporting Countries (OPEC) operating in the middle-east has enjoyed a near monopolistic power over oil and gas prices. It’s the largest supplier of oil and gas to these nations—especially India and China.

With the Russian pipeline reaching China very soon, China will have access to cheaper gas beginning in 2018. Also, India wants to get Russia to extend it gas supply. India may also be added to the beneficiary list of cheaper Russian gas.

The availability of more gas at cheaper prices will boost industrialization in India. It will also help Chinese industrialization get back on track.

Power generation is the key resource for each of these nations to develop at an accelerated rate. Greater availability of gas will be a benefit for all of them. This is significant because the share of gas-fired power plants in these countries is growing. It will tackle coal supply issues and promote cleaner energy sources. Coal has been the preferred energy source in developing countries due to its low cost and availability. With more availability of gas and at cheaper rates, these nations have a chance to shift more towards cleaner gas-based power generation.

Exchange-traded funds (or ETFs) like the iShares MSCI BRIC Index Fund (BKF) and the SPDR S&P BRIC 40 ETF (BIK) invest in the market performance in Brazil, Russia, India, and China.

In the long-term, there could also be a possibility of the OPEC decreasing the price at which it supplies oil and gas to these nations because of competition from Russia. Lower gas prices from Russia as well as from the OPEC, could give a long-term boost to the automobile industry.

Companies like General Motors (GM) and Ford Motor Company (F), that have an established market for their cars in China and India, stand to gain in such a scenario.