Iran’s oil minister arrives in Moscow

Photo: Iran’s oil minister arrives in Moscow / Iran

Azerbaijan, Baku, Jun.28/ Trend R.Zamanov

Heading a delegation consisted of high-ranking officials, Iranian Oil Minister Rostam Qasemi arrived in Moscow on Friday to take part in the Gas Exporting Countries Forum (GECF), SHANA News Agency reported.

Iranian incumbent President Mahmoud Ahmadinejad is also scheduled to take part in the event.

Moscow hosts the Gas Exporting Countries Forum on July 1-2.

Previously Iran's representative to the Organization of Petroleum Exporting Countries (OPEC) Seyyed Mohammad Ali Khatibi has said that Russian President Vladimir Putin has invited his Iranian counterpart.

The Gas Exporting Countries Forum (GECF) is an intergovernmental organization of 11 of the world's leading natural gas producers made up of Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago and Venezuela.

GECF members together control over 70 percent of the world's natural gas reserves, 38 percent of the pipeline trade and 85 percent of the liquefied natural gas (LNG) production.

The three largest reserve-holders in the GECF - Russia, Iran and Qatar - together hold about 57 percent of global gas reserves.

The GECF was established in Tehran, Iran, in 2001.

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