Wednesday, 9 December 2009

Gas exporters to meet in Qatar on Wednesday

The ninth ministerial forum of gas exporting countries will be held on Wednesday in the Qatari capital Doha.

Ministers of 11 countries making part of the Gas Exporting Countries Forum (GECF), a "gas equivalent" of the Organization of the Petroleum Exporting Countries (OPEC), will discuss ways to stabilize global prices on natural gas.

They will also consider candidacies for the post of the forum's secretary general.

Should the forum participants fail to come to an agreement, the secretary general, elected for a two-year term and entitled for reelection once, will be chosen from the list in the alphabetical order, which means an Algerian candidate could take the post.

Qatari Energy Minister Abdullah bin Hamad al-Attiyah is acting GECF chairman now.
The forum comprises Qatar, Russia, Algeria, Bolivia, Venezuela, Egypt, Iran, Libya, Nigeria, Trinidad and Tobago and Equatorial Guinea.

GECF was established in the Iranian capital Tehran in 2001. Its charter was adopted at the seventh ministerial meeting in Moscow in 2008.END

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