Review of Joint Projects between Iran and Russia at the Gas Summit
Oil and Petrochemicals

Review of Joint Projects between Iran and Russia at the Gas Summit

منبع تصویر: shana.ir

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Kazem Jalali clarified regarding the President's travel plans to Moscow: The President will attend the summit of the Gas Exporting Countries Forum (GECF) and will deliver a speech at this summit.

Bilaterals on the Sidelines of the Summit

He added: Bilateral meetings of the President will also take place on the sidelines of this summit, among the most important of which is the meeting with the President of Russia.

The Iranian ambassador to Russia stated that this meeting will be a suitable opportunity to review the relations between Tehran and Moscow, emphasizing that some joint projects of the two countries will also be addressed during the meeting of the presidents.

Major Infrastructure Projects

Jalali stated: Accelerating the implementation of major infrastructure projects, including the North-South railway corridor, gas sector projects, and the development of oil and gas fields, are among the topics that may be discussed in this meeting.

The eighth summit of the Gas Exporting Countries Forum will take place on Tuesday (November 5) in Moscow, with the presence of the leaders of member countries and their high-ranking representatives. This summit provides an opportunity to discuss strategic issues in the gas industry and strengthen cooperation among gas-producing and exporting countries.

The summit of the leaders of the Gas Exporting Countries Forum is held every two years, with the first summit taking place 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 of this summit.

Since its establishment, this forum has also held 27 meetings at the ministerial level. The 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. Angola, Azerbaijan, Iraq, Malaysia, Mauritania, Mozambique, Peru, and Senegal are also its observer countries.

According to announced statistics, member countries collectively hold about 70% of the world's proven natural gas reserves, 38% of commercial gas production, and 42% of global gas exports. Their share of liquefied natural gas exports is also estimated to be around 47%.

Source: shana.ir