Nine member countries and five observers confirm participation in the 23rd GECF Ministerial Meeting to be chaired by Bolivia

UCOM-MHE-12-11-2021.- Nine member countries and five observers confirmed today their participation in the 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) to be held virtually on November 16 this year, in which Bolivia will be the host under the chairmanship of the Minister of Hydrocarbons and Energy, Franklin Molina.

Algeria, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, and Trinidad and Tobago, in addition to Bolivia, were the member countries that have already registered their delegations to participate in the event to be held next Tuesday.

Azerbaijan, Iraq, Malaysia, Norway, and the United Arab Emirates will attend the meeting as observers. Argentina and Brazil will be invited to this important event.

On November 16, the First Session of the 23rd GECF Ministerial Meeting will be broadcast on the Bolivian Ministry of Hydrocarbons and Energy’s YouTube channel and through the GECF’s official website (https://gecf.mhe.gob.bo/). In this part of the event, Minister Franklin Molina will give the welcoming remarks, then the Secretary-General of the GECF, Yury Sentyurin will give an introductory speech for the meeting, and finally, each minister and representative of the delegations of the member countries will have a place to make their interventions.

The objective of this important event is to promote through the exchange of experiences, opinions, information and coordination on issues concerning: 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) transporters; interrelationship of gas with petroleum products and other energy sources; technologies and approaches to 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.

National and international media wishing to cover the event should fill out the accreditation form to enter the virtual meeting that will take place during the forum, by accessing the following link: https://gecf.mhe.gob.bo/acreditaciones/.

The GECF is an international governmental organization that provides the framework for the exchange of experiences and information on hydrocarbons among the world’s hydrocarbon exporting countries.

With its current membership, 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 gas pipeline, and 57% of LNG exports worldwide.