“It is a technically advanced model which is designed to forecast market behavior based on the facts from 133 countries, their fields and wells,” he added.
"Since last year we have been able to attract 73 member countries. So today GECF is not only having relationship with 18 member countries of GECF, but in terms of data exchange we are also activating the data exchange service with 73 countries,” he said in a meeting with Iran’s Petroleum Minister Bijan Zangeneh on Sunday.
Adeli who was briefing the minister on the procedural and protocol preparations of the Tehran summit, GECF’s market monitoring team working on a daily, monthly, six-month basis, and annual basis has enabled it to present analytical and technical views about the markets, demand, supply, and contracts.
The 3rd Gas Summit of heads of state and government of the GECF member countries will be held on November 23, 2015 in Tehran to consult and exchange views on the most important issues concerning them in the framework of the GECF.
The GECF is the gathering of the world’s leading gas producers that provides a framework for exchange of experience, views, information and data, as well as coordination in gas related developments among member countries.
Kazakhstan, Iraq, the Netherlands, Norway, Oman and Peru are observer members in the Forum.
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