Iran Seeks Expanded Gas Trade with GECF Members

Iran Seeks Expanded Gas Trade with GECF Members
(Monday, October 26, 2026) 12:10

MOSCOW, Oct. 25 (NIPNA) — Iran will seek to expand natural gas trade with members of the Gas Exporting Countries Forum (GECF), including Russia, and promote closer coordination among gas exporters at the forum’s eighth summit in Moscow, Acting Oil Minister Hamid Bovard said on Sunday.

Bovard, who traveled to Russia to accompany President Masoud Pezeshkian at the summit, said Iran would hold bilateral talks with oil and energy ministers from member countries on expanding cooperation and energy exchanges.

Key priorities include protecting energy infrastructure during wars and crises, increasing gas trade among exporting countries and exploring ways to establish a common gas market, Bovard said, according to Shana, the Oil Ministry’s news service.

Iran also plans to encourage greater coordination among gas exporters in developing common policies on natural gas exports, he added.

On relations with Russia, Bovard said the two countries maintained strong energy ties, with Russian companies involved in the development of several Iranian oil and gas fields. Negotiations on bilateral gas exchanges are also under way, he said.

Bovard expressed hope that the visit would help advance cooperation and expand energy trade between Tehran and Moscow.

The GECF’s 28th ministerial meeting is scheduled for Monday, a day before the leaders’ summit. Preparatory meetings on Sunday are expected to focus on finalizing key documents, including the summit’s final declaration.

Iran is a founding member of the GECF, which brings together major natural gas producers to discuss cooperation and developments in global gas markets.

 

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