27 June 2013

Moscow will host Second GECF Summit

Second Summit of Gas Exporting Countries Forum (GECF) will take place in Moscow on 1 July. President of the Russian Federation Vladimir Putin will chair the meeting.

The Summit will adopt the Declaration focused on priorities in cooperation on international gas markets, Russian Energy Ministry announced.

International organizations such as IEF, IEA and OPEC are invited to the Summit.

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).

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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