...

GECF may unveil long-term global strategy in Tehran meeting

Business Materials 19 October 2015 12:22 (UTC +04:00)
The Gas Exporting Countries Forum (GECF) may unveil and approve a long-term and global strategy in its meeting which is scheduled to convene in Tehran November 23.
GECF may unveil long-term global strategy in Tehran meeting

Baku, Azerbaijan, Oct. 19

By Fatih Karimov - Trend: The Gas Exporting Countries Forum (GECF) may unveil and approve a long-term and global strategy in its meeting which is scheduled to convene in Tehran November 23.

Mohammad Hossein Adeli, the forum's secretary general, said that two strategic documents are to be approved by ministers of the member states, Iran 's IRNA news agency reported Oct. 19.

The long-term strategy of GECF, which is being finalized by its executive committee, and the global model of gas, which has been studied for four and a half years, will be approved during the meeting, he explained.

The GECF has 18 permanent and observing members and its permanent headquarters is in Doha, Qatar .

Iran, Russia, Qatar, Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, Peru, the United Arabic Emirates and Oman are the permanent members.

The Netherlands, Kazakhstan, Iraq and Norway are observing members.

The GECF members have in possession 42 percent of the world's gas production, 70 of its gas reserves, 40 percent of the world's gas transfer through pipelines, and 65 percent of the world trade in LNG.

The Iranian Mohammad Hossein Adeli was appointed last year as the forum's secretary general.

Edited by CN

Latest

Latest