The GECF is an intergovernmental organisation that provides a framework for exchanging experience and information among its member countries. As the gathering of the world's leading gas exporting countries, the GECF seeks to build a mechanism for a meaningful dialogue between gas producers and consumers in order to improve the stability and security of supply and demand in gas markets around the world. The full-fledged Members of the GECF are: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, UAE and Venezuela.
Angola, Azerbaijan, Iraq, Malaysia, Mauritania, Mozambique, Peru and Senegal hold the status of Observers. With its current number of member countries, the GECF enjoys a dominant position on global energy markets and among international energy organisations. Together, they represent 69% of the world’s gas reserves, 39% of the marketed production, and 40% of global gas exports. Moreover, GECF member countries collectively account for more than half of the world LNG exports (51%).
