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RPGC 2010 Moscow, June 22, 2010

Secretary General of the GECF “The Role of the Gas Exporting Countries Forum in Global Energy Security”. RPGC 2010 Moscow, June 22, 2010. Gas Exporting Countries Forum.

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RPGC 2010 Moscow, June 22, 2010

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  1. Secretary General of the GECF“The Role of the Gas Exporting Countries Forumin Global Energy Security” RPGC 2010 Moscow, June 22, 2010

  2. Gas Exporting Countries Forum • 11 members of the Forum: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad & Tobago and Venezuela. • 3 observers: Kazakhstan, Netherlands and Norway • Headquarters located in Doha, State of Qatar 2

  3. Mission • To exploit and manage natural gas reserves for the benefit of their nations; • To promote integration of the gas market and its stability; • To protect the sovereign rights of Member-Countries over their natural gas reserves • Independently plan and provide for sustainable and effective ecologically friendly development. 3

  4. FallinGasDemand Source: Wood Mackenzie, IEA 4

  5. CurrentMarketChallenges • Slow recovery of the gas market • Lower investments in gas production due to uncertainties • Oversupply • Competition from unconventional sources • Lower spot prices in USA and Europe decoupled from oil prices 5

  6. GAS IN ENERGY BALANCE Source: IEA 6

  7. NaturalGasCompetitiveEdge * Conventional and shale gas 7

  8. Commonaspirations Gas Markets Stability Prices Prices Supplies Sales Markets 8

  9. CoordinationforTransparentDataFlow Gas Data Reliableinformation Database Gas market analysis and prognosis Gasmarketmodelling Gasmarketcoordination 9

  10. DataExchange • Establish close cooperation with international energy organizations to work jointly on gas data reporting mechanisms • Launch reliable database on gas • Provide data on monthly basis 10

  11. ResearchActivity • Launch of in-house research centre • Gas market model installation • Publishing of market research and outlooks 11

  12. ThankYouForYourAttention

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