Gas market news

4 November 2013

Iran’s representative elected new Secretary General of GECF

15 Ministerial Meeting of Gas Exporting Countries Forum in Teheran appointed representative of Iran, Seyed Mohammad Hossein Adeli, the new Secretary General of the organization.

Ministers resumed the Forum’s activity in 2013, adopted the working plan of the GECF and its budget for 2014 and also discussed the global gas markets trends, Russian Energy Ministry announced.

The Gas Exporting Countries Forum (GECF) is an assembly of the world’s leading gas producers. The main target of cooperation between Member states is security of demand and supply. Russia highly values the involvement in the GECF which was established to coordinate the interaction of Member countries.

Forum was assigned the relevant legal status at the 7th GECF Ministerial Meeting on December 23, 2008, held in Moscow when energy ministers adopted the Statute and signed the Intergovernmental Agreement. The GECF official date of emergence is October 1, 2009, when the Agreement entered into force (after being ratified by 5 countries which signed it).

Leonid Bokhanovskiy, representative of Russian Federation, is the first ever Secretary General of GECF.

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

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