The Gas Exporting Countries Forum (GECF) is an international governmental organisation that provides the framework for the exchange of experience and information between Member Countries. The GECF is a gathering of the world’s major gas exporting countries and was established as an international governmental organisation with the objective of increasing the level of coordination and strengthening collaboration between Member Countries. The GECF also seeks to build a mechanism for a more meaningful dialogue between gas producers and gas consumers for the sake of stability and security of supply and demand in the global natural gas markets.
According to GECF’s Statute, the organisation aims to support the sovereign rights of its members over their natural gas resources and their ability to develop, preserve and utilise these resources for the benefit of their peoples, through the exchange of experience, views, information and coordination on gas-related matters. The Member Countries of the Forum are: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago and Venezuela. Angola, Azerbaijan, Iraq, Malaysia, Norway, Peru and the United Arab Emirates have observer status.
With its current membership, the GECF has a strong position in global energy markets and among international energy organisations. Together, the coalition accounts for 70% of proven gas reserves, 44% of its marketed production, 52% of the pipeline and 51% of LNG exports worldwide. The Forum highly values this potential of its Member Countries and Observer Members and, at the same time, looks forward to further increasing their number and to welcoming new members who share the common interests and objectives of the Forum’s Statute.