Latest Gas Exporting Countries Forum Stories

2008-10-08 12:00:33

Excerpt from report by corporate-owned Russian news agency Interfax Moscow, 8 October: Leading gas exporting countries are not yet going to set up a gas trading structure similar to OPEC, Russian First Deputy Foreign Minister Andrey Denisov has said. Work is under way at the Gas Exporting Countries Forum (GECF), he said. "At the moment, we are studying various ways to develop the forum further. However, none of them provides for the creation of an OPEC- like international cartel,"...

2008-07-22 21:00:34

MOSCOW. July 22 (Interfax) - The final text of the charter of gas exporting countries could be agreed on at a meeting of a high-level committee scheduled for October in Venezuela, a source in the Russian Energy Ministry told Interfax. The source did not rule out that the charter could be adopted at a ministerial meeting slated for November in Moscow. It was reported earlier that gas producing countries, Iran, Russia, Algeria, and Qatar included, were in consultations on the creation of an...

2008-07-13 21:00:20

MOSCOW. July 13 (Interfax) - Iran and Russian natural gas monopoly Gazprom (RTS: GAZP) will join forces to organize the next meeting of the Gas Exporting Countries Forum, Iranian President Mahmoud Ahmadinejad and Gazprom chief executive Alexei Miller promised at a meeting in Tehran. "Approving the world gas balance was named as one of the main tasks for the Forum. The need was stressed to further develop the Forum as a standing international organization," Gazprom said in a press release...

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This word ultimately comes from the Medieval Latin 'cappa,' cloak.