Massoud Pezeshkian traveled to Russia this evening (Monday, November 4) to participate in the eighth summit of the Gas Exporting Countries Forum. This summit, which will be held on Tuesday (November 5) in Moscow, will host the leaders and high-ranking representatives of the member countries.
Pezeshkian's Travel Agenda
Consultations on the development of trade and economic cooperation with Russian officials will be among Pezeshkian's agenda during this trip. The eighth summit of the GECF, which will address strategic issues in the gas industry and strengthen cooperation among gas-producing and exporting countries, is considered an important opportunity for international collaboration in this field.
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History of the Gas Exporting Countries Forum Summits
The summit of the Gas Exporting Countries Forum is held every two years. The first summit of this forum was held in 2011 in Doha, Qatar, followed by Moscow in 2013, Tehran in 2015, Santa Cruz, Bolivia in 2017, Malabo, Equatorial Guinea in 2019, Doha in 2022, and Algiers in 2024 hosting the subsequent sessions. Since the establishment of the forum, 27 ministerial meetings have also been held.
Members of the Gas Exporting Countries Forum
The Gas Exporting Countries Forum has 12 main members, including Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, the United Arab Emirates, and Venezuela. Additionally, observer countries include Angola, Azerbaijan, Iraq, Malaysia, Mauritania, Mozambique, Peru, and Senegal.
Important Natural Gas Statistics
According to announced statistics, the member countries of the Gas Exporting Countries Forum hold approximately 70% of the world's proven natural gas reserves, 38% of commercial gas production, and 42% of global gas exports. The share of these countries in liquefied natural gas exports is also estimated to be around 47%.
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