USD 92.5919

+0.02

EUR 100.2704

-0.14

Brent 86.64

+0.95

Natural gas 1.736

+0.02

964

GECF (Gas Exporting Countries Forum)

GECF is an internationally recognised organization comprised of the world’s leading gas producers.

GECF (Gas Exporting Countries Forum)

GECF is an intergovernmental organisation which was established in 2001 in Tehran, and turned into a fully- fledged organisation in 2008 with its permanent secretariat based in Doha, Qatar.

The Forum is the gathering of the world’s leading gas producers that provides a framework for exchange of experience, views, information and data, as well as coordination in the gas related developments among member countries.

The Forum is considered as a global platform for studies, discussion and debates on global gas market trends. It is engaged in conducting gas market studies and long term outlook; data exchange mechanism, monitoring gas market developments, as well as the development of relationships with all stakeholders of the global gas market.

The Member Countries of the Forum are: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, and Venezuela. Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the UAE have the status of Observer Members.

With the current number of members, the GECF has a strong position on global energy markets and among international energy organisations. Together, the coalition represents 72% of the world's proven gas reserves, 46% of its marketed production, 55% of pipeline, and 61% of LNG exports across the globe.