Algeria hosts the 22nd Ministerial Meeting of the Gas Exporting Countries Forum
The 22 nd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on the 12 November 2020, under the Chairmanship of HE Abdelmadjid Attar, Minister of Energy of the People’s Democratic Republic of Algeria as its President. The meeting was convened by videoconference.
It was attended by Energy Ministers and top authorities from Algeria, Bolivia, Egypt,
Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, and Venezuela, as well as Angola, Azerbaijan, Iraq, Malaysia, and Norway as Observers.
Heads of Energy Administrations of Indonesia, Mozambique, Senegal, Tunisia, and Turkmenistan along with the leadership of ERIA, IEF, and OPEC attended the opening session as the guests of the Forum.
The Meeting assessed the current dynamics in the natural gas industry and acknowledged that the fundamentals that will drive natural gas’ projected growth to the top of the global energy mix remain unchanged. It is worth noting that natural gas is the fastest growing fossil fuel in the world and will become the leading source in the global energy mix by mid-century, increasing its share from 23% today to 28%.
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