IRAN: an one of influential gas exporting countries

Iran is one of the influential members of the world's gas exporting countries due to its huge gas reserves, remarkable production and gas export plans, said a senior official at Iran's Ministry of Oil on Wednesday.

The oil minister's top advisor, Hossein Kazempour-Ardebili told IRNA that Iran would be one of the major players at the Gas Exporting Countries Forum (GECF) if it managed to form an OPEC-like cartel for gas in the future.

The idea of creating the gas cartel was first revealed in January when Iran's Supreme Leader Ayatollah Ali Khamenei proposed Iran and Russia to create a gas cartel.

Noting that Russia would host the GECF's next meeting, the top advisor said that using different views of domestic and foreign experts at Iran's Oil Ministry, Tehran was preparing a set of proposals on formation of the gas cartel to offer them during the next meeting in Russia.

Kazempour-Ardebili, Iran's OPEC governor, said that natural gas is a growing market with increasing demands which needs further investments both by consumers and suppliers.

Islamic Republic News Agency