Bolivia hosts the 23rd Ministerial Meeting of the Gas Exporting Countries Forum to be held on November 16
UCOM-MHE-11-11-2021.- The Plurinational State of Bolivia is the host of the 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF), which will be held virtually on November 16 under the chairmanship of the Minister of Hydrocarbons and Energy, Franklin Molina.
This event will be held virtually for the second time due to the biosecurity regulations in force in several states in order to avoid contagion by coronavirus.
The objective of the 23rd GECF Ministerial Meeting is to promote through the exchange of experiences, opinions, information and coordination on issues related to: world trends in gas exploration and production; presenting and anticipating the balance between gas supply and demand; gas exploration, production and transportation technologies worldwide; the structure and development of regional and global gas markets; gas transportation: gas pipelines and liquefied natural gas (LNG) carriers; interrelationship of gas with petroleum products and other energy sources; technologies and approaches for sustainable environmental management, taking into account environmental constraints; national regulations and multilateral environmental agreements and their impact on the volume and sustainability of gas consumption; techniques and in jibs to maximize the contribution of natural gas resources, at all stages of the value chain, to the promotion of sustainable economies and human resource development in member countries.
The countries that make up this organization are Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago and Venezuela. Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Peru and the United Arab Emirates are also joining the event as observer countries, with Argentina and Brazil as guests.
Minister Franklin Molina, President of the 23rd GECF Ministerial Meeting, participated virtually in the previous event held in Algiers, Algeria, in December 2020, which was attended by eleven member countries and five observer states.
On the other hand, Bolivia hosted the IV Summit of the Gas Exporting Countries Forum, which took place in the city of Santa Cruz in November 2017. This mega event hosted 77 nations.
About the GECF
The GECF is an international governmental organization that provides the framework for the exchange of hydrocarbon experiences and information among the world’s hydrocarbon exporting countries:
With the current number of members, the GECF has a strong position in global energy markets and among international energy organizations. Together, the coalition accounts for 71% of proven gas reserves, 44% of its marketed production, 53% of the pipeline and 57% of LNG exports worldwide.
The GECF was officially established in 2008 as a leading energy sector association, a leading contributor to the global quest for zero-emission energy systems and the achievement of the 2030 Sustainable Development Goals.
Since its inception, the organization seeks to support member countries in consolidating global energy security so that they can meet the world’s growing demand; it also seeks to empower these states to showcase themselves as reliable suppliers of natural gas.
The Forum aims to support the sovereign rights of its members over their natural gas resources and their ability to develop, preserve and utilize those resources for the benefit of their people.
National and international media wishing to cover the event must fill out the accreditation form to enter the virtual meeting that will take place during the forum, by entering the following link: