Gas exporters to meet in Tehran on April 28

Russian news agency reported an alliance of the world's leading gas producers will hold a ministerial meeting in Tehran on April 28.

Gas exporters to meet in Tehran on April 28
By Worldbulletin staff

Russian news agency reported an alliance of the world's leading gas producers will hold a ministerial meeting in Tehran on April 28, the head of Russia's Gas Society said on Thursday.

The agency quoted Valery Yazev as saying "The Gas Exporting Countries Forum will hold a ministerial meeting in Iran's capital on April 28, where the charter of the so-called gas 'OPEC' will be discussed."

He said there were two draft charters, a 'tough' one designed by Iran, and Russia's 'more delicate' version. Iran has proposed to regulate the functioning and principles of a gas equivalent of OPEC, while Russia's draft envisages fixing gas pricing mechanisms and gas transit routs.

The idea of establishing a gas OPEC was put forward by Russian President Vladimir Putin and has always been supported by Iranian officials.

The Gas Exporting Countries Forum (GECF) first held a meeting in Tehran in 2001. The organization has not yet adopted a charter and lacks a strict membership system.

However, it involves Venezuela, Iran, Libya, the UAE and Russia, and a number of other countries. Norway has the status of an observer.

Last Mod: 25 Nisan 2008, 14:23
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