Iran to attend Gas Exporting Countries Forum fifth summit

Iran EGEquatorial Guinea President Teodoro Obiang Nguema Mbasogo has officially invited Iran’s President Hassan Rouhani to attend the Gas Exporting Countries Forum (GECF) fifth Heads of State Summit in Malabo

The invitation was delivered by the Minister of Mines and Hydrocarbons of Equatorial Guinea Gabriel Mbaga Obiang Lima during an official visit to Tehran.

Taking place in Malabo, the fifth Heads of State Gas Summit represents the first time that the summit will be held on the African continent and constitutes a vital facet of Equatorial Guinea’s Year of Energy initiative, which seeks to position Equatorial Guinea as the energy capital of the continent through a series of Africa-focused events.

In addition to the Fifth Summit of Heads of State on 26 November and the Ministerial Meeting on 28 November, the country will host the Second International Gas Seminar on 27 November, which brings together ministers of GECF member countries, heads of international organisations, CEOs of international and national oil companies and leaders of the public and private sector to exchange information and ideas on industry.

Founded in Tehran in 2001, the GECF is an intergovernmental organisation made up of 12 of the world’s leading natural gas producers to foster collaboration among member countries and provide a framework for exchanging information and managing natural gas resources independently of oil.

Together, GECF member states account for 44 per cent of the world gas production, 67 per cent of the global gas reserves, 64 per cent of the world’s pipeline gas transmission and 66 per cent of the liquefied natural gas trade.

The GECF fifth Heads of State Summit takes place during Equatorial Guinea’s Year of Energy, a series of events in Malabo and around the world dedicated to promoting and advancing Africa’s energy industries.

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