Gas Exporting Countries' summit due in Iran
Iran will host the third meeting of the Gas Exporting Countries
Forum (GECF) , which is scheduled for autumn 2015, Mohammad Hossein
Adeli, secretary general of the GECF said.
Heads of 18 GECF member countries will attend the summit to discuss
various issues including the global gas market situation, Adeli
said, the official IRNA news agency reported Dec. 30.
The decision was made during the 16th ministerial meeting of the
GECF in the Qatari capital city of Doha in mid-December.
The GECF was founded in 2001 in the Iranian capital Tehran, and its
member states control over 70 percent of the world's natural gas
reserves as well as more than 80 percent of the Liquefied Natural
Gas (LNG) production.
The forum is a multi-layered and an intergovernmental organization
of the world's leading natural gas producers comprising Algeria,
Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Oman,
Qatar, Russia, Trinidad and Tobago, United Arab Emirates, Peru and
Venezuela.
Kazakhstan, Iraq, the Netherlands and Norway have the status of
observer members.
The first GECF summit meeting was held in Doha on November 15,
2011.
The legal establishment of the forum took place on December 2008 in
Moscow, where energy ministers of member states adopted the forum's
charter and signed an intergovernmental agreement.
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