Iran has an important position in determining policies on expanding gas exports and the global energy basket, said Iran’s first vice president.
Speaking to reporters upon arrival in Bolivia on late Thursday (local time), Es’haq Jahangiri further said that Iran holds the world’s largest gas reserves and is among the key players in Gas Exporting Countries Forum (GECF), IRNA reported.
Underlining the importance of guaranteeing supply, regulating prices and ensuring security of gas exports, he recalled, “Years ago in Tehran, gas exporting countries predicted the future of this source of energy and decided to create the GECF. Today, several years have elapsed [since the creation of the forum] and GECF has turned into an important center for making energy-related decisions.”
He added among the fossil energy carriers, natural gas is the cleanest and most important whose role in the global energy basket is increasing.
The Gas Exporting Countries Forum (GECF) is an international governmental organization which provides the framework for exchanging experience and information among Member Countries. GECF is a gathering of the world’s leading gas producers and was set up as international governmental organization with the objective to increase the level of coordination and strengthen the collaboration among Member countries.
The Member countries of the Forum are: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, United Arab Emirates and Venezuela. Azerbaijan, Iraq, Kazakhstan, the Netherlands, Norway, Oman and Peru have the status of Observer Members.