Iran elected to head GECF Executive Board, pushes for forum upgrade

SHANA (Doha) – Iran’s oil minister announced that the country has been elected chair of the Executive Board of the Gas Exporting Countries Forum (GECF) and that Tehran’s proposal to upgrade the forum into the “Organization of Gas Exporting Countries” was well received by member states.

Mohsen Paknejad made the remarks Thursday on the sidelines of the 27th GECF Ministerial Meeting in Doha, Qatar.

“This meeting, which represents the highest decision-making level among gas-exporting countries, discussed key issues such as administrative and structural matters and next year’s budget,” Paknejad said. “Among Iran’s main achievements was being elected as chair of the Executive Board of the GECF.”

He added that Iran also proposed transforming the GECF into an organization, a move aimed at enhancing its effectiveness and global influence among gas-producing and exporting nations. “Both initiatives were well received, and we have already reached a positive conclusion,” he said.

Referring to the election of a new GECF secretary-general, Paknejad noted that the matter was also discussed. “The current term of the secretary-general has ended, and ministers agreed that the next secretary-general should be from a country that has not previously held the position,” he said, adding that a final decision has yet to be made.

Focus on Investment in Iran’s Oil and Gas Sector

Speaking about his bilateral meetings in Qatar, Paknejad said he held talks with several participating ministers on Wednesday. “We had productive discussions on various issues of mutual interest,” he said. “In particular, we invited them to invest in Iran’s oil and gas industry. It was agreed that specialized working groups will hold further sessions to discuss these matters in more detail.”

News ID 666166

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