Speech of HE Mr. Leonid Bokhanovsky Secretary General of the GECF 12th IEF Ministerial & 4th IEBF Cancun, Mexico, 30-31 March 2010
Establishment of the Forum GECF GE CF - Interna Inte rnationa tional Intergovern Int ergovernment mental al Organiza Org anizatio tion, n, or originall ginally es estab ablish lished ed as as a Foru Forum at at the the Meet eeting ing in in Tehra Tehran, n, Ir Iran, an, on on May ay 19 19-20 20, 2001 2001 by by the the stat tatem ement ent of of the the govern government ments of of Algeria Algeria, Brunei, Brunei, Indo Indones nesia ia, Isl Islamic mic Repub epubli lic of of Ir Iran, an, Mal alays aysia ia, Oman, man, Qat atar, ar, th the Russi Russian an Feder Federat ation, ion, Turkme Turkmenis nistan tan and nd No Norwa way (Observer) erver).
Legal Basis At At th the Meeting Meeting in in Moscow, Moscow, the the Russian Russian Federation Federation, on on De December cember 23 23, 2008 2008, the the followin lowing documents nts were were signed ed: Agreem Agreement ent on on the the functioni unctioning ng of of the the Gas Gas Exporting Exporting Countri tries es Forum Forum (GECF (GECF Agreemen ement) t); The The Statute te of of the the Gas Gas Ex Exporting rting Co Countries ries Forum Forum (GECF) (GECF) These se documen ents ts constituted tituted the the Legal Legal Basis Basis for for the the GECF GECF
Member - Countries Al Algeria ria Boliv ivia ia Eg Egypt pt Equat Eq atorial orial Guinea Gu Iran Libya ya Nigeria eria Qatar ar Russ ssia ia Trinidad nidad & & Tobago ago Venezuela ela
Ratification process GE GECF CF bec ecame me op oper erational tional on on O Oct ctob ober er 1, 2 , 2009 wh when en 5 Mem ember er- Co Coun untr tries ies d dep epos osited ited thei eir ratificat ification ion ins nstr trume uments: nts: The Russian an Federa ration tion State e of Qatar Great at Socia iali list People's e's People le's s Democr crat atic ic Republic blic Libyan yan Arab Jamahir iriya iya of Alger eria ia Republic ublic of Trinida idad d and Tobago Arab Republic blic of Egypt In March h 2010 two countries tries joined Republic ublic of Equatoria orial l Guinea nea them them The e rem emaini ning ng Mem ember er-Co Countrie untries s are in e in the e Ratificat ification on proc oces ess: s: Boliva ivarian rian Republic blic of Venezuela ezuela Islamic mic Republic blic of Iran Plurinat rinational ional State of Bolivia via Federal eral Republic blic of Nigeria ia
Countries - Observers As As per er no now w fol ollow owing ng co coun untries ies have e St Status us of of Obser erve vers: rs: Accord Ac cording ing to to the the Arti Article cle 6 of of Kazakhs khsta tan GECF GE CF Sta Statut tute «Any «Any gas gas exp export orting ing country country may may su submit mit Ne Netherla erlands nds a request request to to th the Secr Secret etari ariat at in in order ord er to to obt obtain ain the the st status atus of of an an No Norwa way ob obser erver ver at at the the Fo Forum um».
Missions To To develop develop and and imp imple lemen ment necessary necessary st steps ps to to guarantee guarantee Me Member mber-Countr Countries ies to to derive derive the the mos most va value lue from from th their eir ga gas resourc resources, es, since since gas as is is a non on- renew newable able so source ce of of energy rgy; To To prot protect ect the the sovereign sovereign rig right hts of of Member Member-Count Countrie ries over over their heir natural natural gas as reserves reserves as as well well as as the the abil ability ity to to inde independently pendently plan plan an and pro provide vide for for su sust staina ainable ble an and eff ffective ctive ecology ogy fr friendly dly de deve velopment opment; To explo To exploit it an and to to preserve preserve natura natural ga gas reserves reserves to to the the benef benefit of of th their ir nati tions ns; Promote mote inte tegr gration ation of of the the gas marke kets ts and its ts st stability ty. In In accordance accordance with with the the Proce Procedures dures of of Article Article 36 36 of of the the GECF GECF Stat Statute, ute, the the objecti bjectives ves of of the the Forum Forum coul could be be enhanc enhanced ed subj subject ect to to unanimou unanimous agreement agreement of of all all Me Member ber-Count ountries ries
Activities Exch xchange ange of of exp xperien rience, ce, in info form rmation ation an and an anal alysis ysis Negot Negotiation iation of of common common approac pproaches hes to to cur current rent st stat ate an and fu futu ture re de deve velo lopment pment of of gas as mar arket ket Coordina Coordination tion of of act activity ivity of of Member Member-Count Countrie ries in in the the gas as se secto tor
Organisation Structure Mi Minist ster erial ial Me Meeting ting President Execut ecutive ive Bo Board Chairman Secretari cretariat at Secretary General
GECF Gas Potential 45,000 2008* 40,000 Algeria 35,000 Bolivia Egypt 30,000 Equatorial Guinea 25,000 Iran Libya 20,000 Nigeria 15,000 Qatar Russia 10,000 Trinidad & Tobago 5,000 Venezuela 0 Proved reserves (bcm)
Part of the World Proved Gas Reserves Proved ved rese serves rves (b (bcm) m) as per Januar ary y 1, 2009 0.31% Other countries 25.10% Algeria 35.72% Bolivia Egypt Equatorial Guinea 14.64% Iran Libya Nigeria Qatar 16.28% 2.61% Russia 0.44% Trinidad & Tobago 0.96% 3.02% 0.02% 0.89% Source: IEA
GECF Gas Production/Export 2008* bcm bcm 1200 Venezuela Trinidad & Tobago 1000 Russia 800 Qatar Nigeria 600 Libya Iran 400 Equatorial Guinea Egypt 200 Bolivia Algeria 0 Production Export Source: IEA
Medium-term objectives Es Establis tablishi hing ng a plat platform form for or exchange exchange of of anal analysis, ysis, inf informati ormation on and nd negot negotiating iating comm mmon approach oaches es to to: natural ural gas producti ction on and future developm opment ent of of the the intern rnatio ational nal gas ma market; anal analysis ysis and nd pr prognos gnosis is of of the the sup suppl ply/d y/demand emand balanc balance for for gas gas as as well well as as gas gas comp mpetit titio ion wi with other energy products, cts, name mely, oil products, cts, coal, shale le gas etc. techn hnol ologie ogies of of gas explorati ration, n, productio ction and transp sportat ortatio ion; structure ucture and developme pment nt of of gas ma markets ts, regionall ally and globally ly; princip nciples les and instrumen ruments ts of of fair pricing ing me mechanism ism for gas exports ts. Negotiat egotiatin ing common ommon st stand and for or acce ccess ss to to capita capital and and fi financ nancial ial res resourc ources es and and transp nsparency arency amo mong Memb mber er-Countrie untries in in the the flow of of financia ncial data and know-how.
Headquarters The he Headqu dquarters rters of of the the GECF is is located ted in in Doha ha, Sta tate te of of Qa Qata tar. The The Headqua Headquarters rters in in Doh Doha is is functio functionin ning in in accord accordan ance ce with with the the Agree Agreeme ment Between Between the the Stat State of of Qatar Qatar and and the the Gas Gas Expor Exporting ting Countries Countries Forum Forum (“GECF”) Regar Regarding ding The The Headqu Headquarters arters of of the the Ga Gas Exp Expor orting ting Countries Countries Forum um si signed ed on on Decem cember ber 9, 2009 2009 in in Doha ha, Qa Qata tar. The he te tempo porary rary ad addr dress ss of of the the GECF Head adquar quarters ters is is as as fo follow: PO Box 3212 6th Floor, , "Q" Building ding Majlis lis Al Taawon n Street Doha, , Qatar Tel: : (+974) 449-1654 1654 Fax: : (+974) 449-1651 1651 Email: il: gecfsg@ g@gmail.c gmail.com
Thank Your for Your kind attention
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