The objectives of the GECF, clearly defined in the Statute, shall be to support the sovereign rights of member countries over their natural gas resources and their abilities to independently plan and manage the sustainable, efficient and environmentally conscious development, use and conservation of natural gas resources for the benefit of their peoples. These objectives will be promoted through the exchange of experience, views, information, and coordination in, inter alia, the following interrelated topics:
Worldwide gas exploration and production trends;
Present and anticipate supply-demand balance for gas;
Worldwide gas exploration, production and transportation technologies;
The structure and development of the gas markets (regional and global);
Transport of gas: pipelines and LNG carriers;
Interrelationship of gas with oil products, coal, and other energy sources;
Technologies and approaches for sustainable environmental management, taking into account environmental constraints, national regulations and multilateral agreements on environment and their impact on volume and sustainability of gas consumption;
Techniques and approaches for maximizing the contribution of natural gas resources, at all stages of the value chain, to the promotion of sustainable economies and human resources development in Member countries.
The Gas Exporting Countries Forum was originally established as a Forum on May 19-20, 2001 by the governments of Algeria, Brunei, Indonesia, Iran, Malaysia, Oman, Qatar, Russia, Turkmenistan and Norway (Observer) during the 1st Ministerial Meeting held in Tehran, Islamic Republic of Iran.
The Agreement on the functioning of the Gas Exporting Countries Forum and the Statute of the Gas Exporting Countries Forum were signed by 11 countries (Algeria, Bolivia, Equatorial Guinea, Egypt, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago and Venezuela) at the 7thMinisterial Meeting held in Moscow, Russian Federation, on December 23, 2008, thus transforming the Forum into a full-frame international governmental organization; nevertheless, in the name of the organization the word “Forum” was kept to reflect its open and democratic nature.
Yes. The decision-making process in the GECF is transparent and open. In the Ministerial Meeting and in the Executive Board, each member has one vote, regardless of their production, exporting or reserves level or any other factor. All resolutions of the Ministerial Meeting other than on procedural matters require the unanimous agreement of all members, whereas the procedural matters in the Ministerial Meeting and the decisions of the Executive Board are undertaken on the basis of simple majority of votes of attending Members.
As it is stipulated in the GECF Statute our organization is open to every gas-exporting country that shares the common interests and objectives of the Forum’s Statute. Once a country officially expresses interest in becoming part of the organization, the Ministerial Meeting decides on the application for membership and issues a Resolution.
Now we are conducting talks at official and unofficial levels with a number of potential States. We are convinced that the more gas-exporters join the GECF, the more representative and solid our voice will sound in the world arena, and be better heard by major stakeholders across various gas markets.
The Gas Exporting Countries Forum currently consists of 12 world's leading natural gas producing and exporting countries, spread across three continents: America, Asia and Africa. The members are: Algeria, Bolivia, Equatorial Guinea, Egypt, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, United Arab Emirates and Venezuela. There are also five Observer Members: Iraq, Kazakhstan, the Netherlands , Norway, Oman and Peru .
With the current number of Members the GECF has a strong position on the world gas market and among international energy organizations. Its potential rests on the enormous natural gas reserves of the Member countries all together accumulating 67% of the world proved natural gas reserves, 65% of LNG trade and 40% of pipeline trade of natural gas.
The Ministerial Meeting
This gathering of high-level governmental energy representatives is the supreme authority of the Forum. The gathering formulates the general policy of the Forum and determines the best methods and means of implementation; appoint the Secretary General, the Chairman and Alternate Chairman of the Executive Board; decide on GECF membership applications, and approve the Program of Work and Budget of the Forum.
The Executive Board
The Board is tasked with directing the management of the affairs of the Forum, implementing the decisions of the Ministerial Meetings, and approving the program of the work of the Secretariat, in accordance with the Statute of the GECF.
Under the management of the Secretary General, the Secretariat administers the work of the Forum and carries out its executive functions in accordance with the mandates of the GECF Governing Bodies. The Secretariat is divided into five functional units: The Department of Gas Market Analysis, the Department of Data and Information Services, the Department of Energy Economics and Forecasting, the Department of Administration and Finance and the Office of the Secretary General. Under the direct supervision of the Secretary General are the Forum’s Legal Officer, Public Relations Officer and Internal Auditor.
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