Sun 08 Sep 2024 | 07 September 2024

Petroleum Minister Meets with GECF Sec. Gen.

Iranian Minister of Petroleum Javad Owji held talks with the Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel on Thursday and discussed latest development in global gas market.

With about half of the world"s natural gas and LNG exports, Gas Exporting Countries Forum has been able to maintain its strategic role with regard to sustainable supply of natural gas in the world.

It focuses on securing natural gas supply to regional and global markets while considering energy transition and requirements of climate change and sustainable development. The GECF has also tried to provide the ground for extensive development in order to supply natural gas and LNG as an accessible and environment-friendly energy to the world, poor countries in particular.

The Islamic Republic of Iran"s main strategy, as one of the world"s largest holders of proven natural gas reserves and a founding member of GECF, is to ensure maximum support for the esprit de corps and collective decisions of GECF in accordance with the Statute agreed upon by members, with the goal of safeguarding the interests of both natural gas exporters and gas consumers.

It"s worth mentioning that, Tehran will be host to the 26th GECF Ministerial Meeting in late 2024.

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