Moscow, April 08: Iran and Russia have called for a greater role by the Gas Exporting Countries Forum (GECF) in the establishment of security in the international energy market.
The two sides also called for further cooperation between gas producing and exporting companies in GECF member states for a greater global energy security, Fars News Agency reported.
The comments were made in a meeting between CEO of Russian energy giant Gazprom Alexey Miller and Ali Aqamohammadi, the Iranian vice president’s deputy for economic affairs, in Moscow on Thursday.
The GECF was established in Tehran in 2001 and is comprised of Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, and Venezuela.
The organization controls 70 percent of the world’s natural gas reserves and 85 percent of the world’s liquefied natural gas (LNG) production.
——–Agencies