Iran: Global gas demand is on the rise
Gas exporting countries intend to intensify coordination to play a bigger role in global gas market, Iran's representative at Gas Exporting Countries Forum (GECF), Mohammad Ali Khatibi said, Shana reported.
On the verge of holding the 12th ministerial meeting of the members of the Gas Exporting Countries Forum (GECF), Khatibi said the ministerial meeting on Thursday would examine the latest developments in gas market, the report of the Secretariat and some other reports including financial and administrative reports.
Khatibi noted that the participants also plan to hold a meeting behind closed door.
Talking to Shana reporter, Iran's representative at the forum continued: One of the most important topics on the Cairo agenda is to make preparations for holding GECF's summit in Doha in November this year.
Khatibi continued: To this end some specialized committees were set up that will present their latest results on the arrangement.
'Recent months natural disasters especially earthquake and tsunami in Japan and its aftermath including fokoshima nuclear power plant incident once again have caused special attention to natural gas as an clean energy', the official said.
Fourteen countries including eleven members and three observers are present at the Cairo meeting. The member countries hold 42 percent of the global gas production, seventy percent of the world gas reserves, 38 percent of gas pipelines and 85 percent of LNG trade.
Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago and Venezuela make up the eleven members of the Gas Exporting Countries Forum. GECF meeting will take place in Cairo on June 2.