Iranian Oil Minister Bijan Zangeneh at the Russian Energy Week panel. while stressing depoliticization of energy sector. proposed setting the goal of achieving 30% share of natural gas in the world energy mix by 2040.
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Iranian Oil Minister Bijan Zangeneh said he would leave Tehran for Moscow later this week to attend the upcoming Gas Exporting Countries Forum (GECF) ministerial meeting and participate in the Russian Energy Week.
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Moscow will host oil and energy ministers of the Gas Exporting Countries Forum (GECF) on October 3.
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The CAREC program was created upon ADB’s initiative in 2001.
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Europe is the only region with the decreasing outlook for natural gas production among all regions.
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China and Iran along with Russia and the US would be the top natural gas suppliers in 2040.
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Qatar announced on Monday that it plans to withdraw from the oil producing group.
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The Ministerial Meeting welcomed the Republic of Angola as an Observer Member of the Gas Exporting Countries Forum.
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Gas pipeline infrastructure plays critical role in providing security of supply.
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The ministers will be able to discuss state policy in the energy sector during a special ministerial conference organized as part of the Russian Energy Week.
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