GECF Executive Board meeting held in Tehran
Tehran, Iran, November 20
By Mehdi Sepahvand -- Trend:
The Gas Exporting Countries Forum meeting kicked off with the GECF Executive Board on November 20.
The GECF meetings this year which comprise an ordinary ministerial meeting, an extraordinary ministers' meeting, a high-ranking group meeting, and the executive board meeting will be held in the course of four days, SHANA news agency reported November 20.
Iranian Oil Minister Bijan Zanganeh will head the extraordinary ministerial meeting.
The 17th ordinary meeting of the forum is going to be headed by Nigeria's newly appointed Petroleum Minister Emmanuel Ibe Kachikwu.
The GECF counts for 42 percent of the world's gas production, owns 67 percent of the world's gas reserves, conducts 38 percent of the global gas transfer of gas, and 85 percent of the global LNG trade.
The forum is made up of 18 main and observer members. Iran, Russia, Qatar, Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, Peru and the United Arab Emirates are the main members of the forum.
The Netherlands, Kazakhstan, Iraq, Norway and Oman will also take part in the forum's summit as observer members.
The theme for this year's GECF summit is "Promoting Technologies for Sustainable Environmental Management".
The GECF was established in 2001 in Tehran and is a venue for a number of world's gas exporting countries to exchange information about concerned topics.