News ID: 4104053 -

Iran's oil min. in Moscow to attend GECF

TEHRAN, Oct. 04 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh flew to Moscow on Tuesday to attend the 19th Ministerial Meeting of the Gas Exporting Countries Forum (GECF).

Due on October 4, the Gas Exporting Countries Forum (GECF) is an international governmental organization which provides the framework for exchanging experience and information among Member Countries.

GECF is a gathering of the world’s leading gas producers and was set up as international governmental organization with the objective to increase the level of coordination and strengthen the collaboration among Member countries.

The Member countries of the Forum are: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, United Arab Emirates and Venezuela. Azerbaijan, Iraq, Kazakhstan, the Netherlands, Norway, Oman and Peru have the status of Observer Members.

With the current number of Members the GECF has a strong position on the world gas market and among international energy organizations. Its potential rests on the enormous natural gas reserves of the Member Countries all together accumulating 67% of the world proven natural gas reserves.

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