Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)

Algeria is hosting and chairing the seventh summit of heads of government of the Gas Exporting Countries Forum, which will be held under the Algerian presidency during the period from February 29 to March 2, 2024, reflecting Algeria’s important role in the forum as a founding member and at the global energy level as a reliable energy supplier.

Heads of state, ministers and senior officials of the 12 member countries (Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinity, Tobago, the United Arab Emirates and Venezuela) will participate in the summit, along with observer countries in The 7 forums are (Angola, Azerbaijan, Iraq, Malaysia, Mauritania, Mozambique, and Peru).

Algeria will present in the forum the “Algeria Declaration”, which outlines the energy future of the forum countries and supports the position of gas in it to become the primary resource for comprehensive and sustainable development and opens the way for cooperation and dialogue among the members of the forum. All of this comes within the framework of supporting the sovereign rights of member countries over their natural gas resources and contributing to sustainable development and global energy security.”

The forum will discuss issues related to the future of natural gas, including the importance of gas facilities, investments, and promoting gas as a clean and reliable energy resource, as well as enhancing gas cooperation and dialogue with other active parties.

The summit will witness the launch of the new edition of the Forum’s Global Gas Outlook 2050, and the Forum’s annual newsletter, which includes a complete analysis of global and regional gas markets as well as the role of natural gas in the energy transition.

The summit will also witness the signing of memorandums of understanding between the Gas Exporting Countries Forum and important international and regional organizations.