Iran, Qatar to Discuss Gas Swap, Joint Study Group at GECF Summit

An informed source in Iran’s Oil Ministry told IRNA that the oil ministers of Iran and Qatar will discuss gas swap, common stances on global market and forming a joint study group on the sidelines of the upcoming GECF in Doha.

The Gas Exporting Countries Forum will be held next week in Qatar and the Iranian oil minister will meet his Qatari counterpart, the source said.

The two ministers will discuss gas swap, common positions in gas trade and global markets, and forming of joint knowledge-based companies in the fields of oil and energy, according to the source.
The Oil Ministry source also said that they are expected to discuss the joint working group to study South Pars Gas Field.

The source also noted that training human resources and exporting Iran’s technical, engineering services to Qatar will also be included in the two ministers’ discussions.

The GECF consists of Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, Venezuela and Oman that produces 42% of world’s gas and possesses 70% of the global gas reserves.

The organization also operates 38% of global gas pipeline transit and 85% of global LNG trade. - Iran Daily, IRNA