Iran Calls for Stronger GECF Role in Global Gas Markets

Iran Calls for Stronger GECF Role in Global Gas Markets
(Thursday, October 29, 2026) 19:43

MOSCOW, Oct. 27 (NIPNA) — Iran has called for more targeted use of the Gas Exporting Countries Forum’s (GECF) capabilities to strengthen its international standing, proposing expanded cooperation in management, engineering, research and technology among member states.

Acting Oil Minister Hamid Bovard made the remarks in an interview with Shana ahead of the GECF’s eighth summit in Moscow, held alongside the 28th ministerial meeting and marking the forum’s 25th anniversary.

Bovard said Iran would use the meetings to promote the interests of gas-producing and exporting countries, strengthen natural gas’s role in global energy security and encourage more balanced, sustainable cooperation among members.

He said the forum offered an important platform for discussing changes in global gas markets, improving coordination among members and developing joint responses to challenges facing gas producers and exporters.

Bovard also linked attacks on Iranian energy infrastructure, including facilities in the South Pars gas field, to broader risks for global energy security. He said the consequences of such attacks could extend beyond Iran and affect international energy markets.

Despite what he described as wartime conditions and restrictions, Bovard said Iran continued supplying oil and natural gas to domestic and foreign markets.

The GECF’s members collectively hold about 70% of the world’s proven gas reserves, account for more than 40% of global gas exports and nearly half of liquefied natural gas (LNG) exports, Bovard said. He argued that these resources gave the forum a significant opportunity to influence global energy governance through cooperation and coordination.

Iran, a founding member of the forum and the world’s second-largest holder of proven natural gas reserves, is prepared to expand cooperation with fellow members across the gas value chain, Bovard said. Potential areas include exploration, drilling, field development, production, distribution, joint investment, gas swaps, engineering services, technology transfer and management expertise.

He also highlighted Iran’s experience in developing domestic gas pipeline networks and compressed natural gas (CNG) refueling stations, saying the country could share its technical and economic experience with other members.

Bovard called for closer cooperation on the economics and trade of natural gas and LNG, including broader access to relevant technologies. He also proposed joint work on gas infrastructure and emissions-reduction technologies, including eliminating routine gas flaring, reducing methane emissions, carbon capture and storage, and blue hydrogen development.

On climate policy, Bovard said Iran supported international efforts to address climate change but warned that rapidly phasing out fossil fuels could undermine energy security and deepen energy poverty in disadvantaged communities.

Climate objectives, energy security and the reduction of energy poverty should be pursued together, he said, adding that natural gas could contribute to achieving these goals if supported by efficient technologies and effective emissions management.

Bovard said a fair, orderly and inclusive energy transition would require increased global investment in the gas industry and decarbonization technologies for the oil and gas sector.

To strengthen the GECF’s international role, he identified two priorities: expanding management and engineering cooperation, including through bilateral and multilateral agreements, and deepening links among universities, research institutions and technology centers in member countries.

Iran’s Petroleum University of Technology, Research Institute of Petroleum Industry and other academic, private-sector and technology institutions were ready to expand collaboration in areas of mutual interest, he said.

 


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