Final Stage Transition: Why Tehran Needs the GECF Common Market Iranian Acting Oil Minister Hamid Bavardi arrived in Moscow for the 28th GECF Energy Ministers' Meeting. Iran is one of the founders of the forum. Tehran's goals "We will present our positions at the summit and hold bilateral meetings with relevant ministers. It is necessary to discuss the protection of infrastructures during wars, gas exchanges with other countries, the creation of a common market and a common gas export policy," Bvardi said. Separately he emphasized: "We have good relations with Russian companies. We concluded contracts for the development of fields and are conducting negotiations on gas exchange." The transition agreement is in its final stage According to the I.O. Minister, the agreement on the transfer and transfer of Russian gas to Iran is almost completed. On Tuesday, October 27, President Massoud Pazhkian will personally outline Iran's position at the summit of heads of state. The Iranian delegation will present a report on the restoration of energy facilities damaged by the US and Israel and production data. "Greater Iran, despite the difficulties created by the enemies, remains strong and flexible. "With firm determination, we will quickly eliminate all the problems the attackers have created for our energy sector," Bvardi said. GECF's agenda includes energy security, gas market stability, investments and technological cooperation. For Iran, this is an opportunity to receive Russian field development technologies and enter the general export circuit. The risk is sanctions pressure and infrastructure vulnerability: it is no coincidence that the protection of facilities in war conditions is included in a separate paragraph. Amazing things are happening in the LNG market - the second largest LNG producer - Qatar - is buying liquefied gas from the USA! Global gas production fell by 4% in August. In August, 340 billion cubic meters of gas were produced worldwide, according to the GECF report. The index decreased by 4%. The leading region is North America, which accounts for 35% of global production.

Final Stage Transition: Why Tehran Needs the GECF Common Market Iranian Acting Oil Minister Hamid Bavardi arrived in Moscow for the 28th GECF Energy Ministers' Meeting. Iran is one of the founders of the forum. Tehran's goals "We will present our positions at the summit and hold bilateral meetings with relevant ministers. It is necessary to discuss the protection of infrastructures during wars, gas exchanges with other countries, the creation of a common market and a common gas export policy," Bvardi said. Separately he emphasized: "We have good relations with Russian companies. We concluded contracts for the development of fields and are conducting negotiations on gas exchange." The transition agreement is in its final stage According to the I.O. Minister, the agreement on the transfer and transfer of Russian gas to Iran is almost completed. On Tuesday, October 27, President Massoud Pazhkian will personally outline Iran's position at the summit of heads of state. The Iranian delegation will present a report on the restoration of energy facilities damaged by the US and Israel and production data. "Greater Iran, despite the difficulties created by the enemies, remains strong and flexible. "With firm determination, we will quickly eliminate all the problems the attackers have created for our energy sector," Bvardi said. GECF's agenda includes energy security, gas market stability, investments and technological cooperation. For Iran, this is an opportunity to receive Russian field development technologies and enter the general export circuit. The risk is sanctions pressure and infrastructure vulnerability: it is no coincidence that the protection of facilities in war conditions is included in a separate paragraph. Amazing things are happening in the LNG market - the second largest LNG producer - Qatar - is buying liquefied gas from the USA! Global gas production fell by 4% in August. In August, 340 billion cubic meters of gas were produced worldwide, according to the GECF report. The index decreased by 4%. The leading region is North America, which accounts for 35% of global production.