The Eighth Summit of the Gas Exporting Countries Forum will take place on October 27, 2023, with the participation of the leaders of member countries and their high-ranking representatives in Moscow. This summit is seen as an opportunity to discuss strategic issues in the gas industry and strengthen cooperation among producing and exporting countries of this energy carrier.
Presence of Iranian Officials at the Summit
Kazem Jalali, Iran's ambassador to Russia, announced that Masoud Pezeshkian, the President of Iran, will travel to Moscow to participate in this summit. Additionally, the twenty-eighth ministerial meeting of the Gas Exporting Countries Forum will be held on October 25, 2023, where Hamid Bourd, the head of the Ministry of Oil, will also be present.
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Summit Agenda
An extraordinary meeting of the Executive Board will be held on November 1, chaired by Seyed Ali Mohammad Mousavi, Deputy for International Affairs and Commerce of the Ministry of Oil. Reviewing and finalizing the main documents, including the final statement of the leaders' summit, is among the agenda of these meetings.
The Gas Exporting Countries Forum serves as one of the intergovernmental frameworks for dialogue and coordination among natural gas producing and exporting countries, holding its summits and ministerial meetings to exchange views on market developments, supply and demand outlook, and energy security. Other topics such as the development of the natural gas market and reviewing trends in the liquefied natural gas (LNG) industry are also on the agenda of these meetings.
The summit of the member countries of the Gas Exporting Countries Forum is held periodically 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 of this summit.
Iran, as one of the founders of the Gas Exporting Countries Forum, holds approximately 34 trillion cubic meters of proven natural gas reserves, making it the second-largest holder of gas reserves in the world after Russia. Meanwhile, the member countries of the forum collectively hold about 70 percent of the world's proven natural gas reserves.
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