The 7th GECF summit recently ended with the adoption of the Algiers declaration, emphasizing the promotion of natural gas as a sustainable energy source.

GECF -Intergovernmental organisation, consisting of the world’s leading gas exporting countries. Members – Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad, UAE, Venezuela. Headquarters – Doha, Qatar

 

1. GECF Overview: The GECF is an international organization of the leading natural gas producers (like Algeria, Qatar, and Russia) comprising 11 member-states and 8 observer states.
2. India's Position: India currently holds neither membership nor observer status within the GECF.
3. Algiers Declaration: The recent announcement aims to increase the role of natural gas in the global energy mix while focusing on sustainable technologies.
4. 7th GECF Summit Highlights: The summit in Algiers provided a platform for discussions on global energy security, attended by representatives from member and observer states.
5. Expected Outcomes: Expect increased cooperation in the energy sector and potentially closer ties with OPEC, even if there is potential resistance from Western countries seeking energy source diversification.

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