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GECF Supports Members Against Sanctions

GECF is an intergovernmental organization of 12 natural gas producers.GECF is an intergovernmental organization of 12 natural gas producers.

Gas Exporting Countries Forum, an industry group representing gas sellers, will support its members against US sanctions as the restrictions have no economic basis, GECF’s secretary-general said on Friday.
“These sanctions act as political leverage to affect the markets, that's why we confront the constraints,” Yuri Sentyurin was alsoquoted as saying by ILNA.
Stressing that GECF do not play the role of a gas cartel, Sentyurin added that the group is formed to exchange expertise and data, as well as introduce state-of-the-art methods and equipment of the industry to gas-rich countries.
 

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