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Plenary Session of the 8th GECF Summit

Started 27 Oct, 13:10 3 events Updated 22h ago
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  1. Political27 Oct, 13:10

    Plenary Session of the 8th GECF Summit

    President of Russia Vladimir Putin took part in the plenary session of the 8th Summit of Heads of State and Government of the Gas Exporting Countries Forum. The event was held at the World Trade Centre in Moscow. The plenary session was attended by heads of delegation from the Gas Exporting Countries Forum members states: President of the Republic of Equatorial Guinea Teodoro Obiang Nguema Mbasogo, President of the Islamic Republic of Iran Masoud Pezeshkian, Chairman of the Presidential Council of the State of Libya Mohamed Al Menfi, Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani, Prime Minister of the People’s Democratic Republic of Algeria Sifi Ghrieb, Vice President for the Economy of the Bolivarian Republic of Venezuela Calixto Jose Ortega Sanchez, Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt Karim Badawi, Minister of State for Petroleum Resources (Gas) of the Federal Republic of Nigeria Ekperikpe Ekpo, Minister of State at the United Arab Emirates Ministry of Foreign Affairs Saeed Bin Mubarak Al Hajeri. Also taking part in the session were heads of delegation of the Gas Exporting Countries Forum observer states: President of the Republic of Mozambique Daniel Francisco Chapo, Minister of Energy of the Republic of Azerbaijan Parviz Ogtay oghlu Shahbazov, Minister of Mineral Resources, Petroleum and Gas of the Republic of Angola Diamantino Pedro Azevedo, Minister of Economy of Malaysia Akmal Nasrullah bin Haji Mohd Nasir, Minister of Energy and Petroleum of the Republic of Senegal El Hadji Abdourahmane Diouf, Deputy Minister of Oil for Gas Affairs of the Republic of Iraq Izzat Sabir Ismail, Ambassador Extraordinary and Plenipotentiary of the Republic of Peru to the Russian Federation Manuel Augusto de Cossio Kluver, as well as the heads of delegation from the invited states: State Minister of Turkmenistan – Chairman of SC Turkmengas Maksat Babayev, and Director-General in the Presidency – Secretary of the Cabinet of the Republic of South Africa Phindile Baleni. The meeting was also attended by Secretary General of the Gas Exporting Countries Forum Philip Mshelbila. * * * President of Russia Vladimir Putin: Heads of State and Government, ladies and gentlemen, First of all, I would like to welcome all of you and thank you for taking the time to come to Moscow. I am pleased to welcome you to the 8th Summit of the Gas Exporting Countries Forum, an organisation that unites the leading producers and suppliers of natural gas to the world market. I would like to note that, initially, 25 years ago, the Gas Exporting Countries Forum was conceived as an expert and analytical platform for exchanging experience and for assessing and forecasting the gas market. This is exactly how our dialogue is developing, without any underhand intrigues or attempts to manipulate the market. Such openness, clarity and objectivity of assessments are crucial for both gas producers and consumers – and for the global energy sector as a whole. This is all the more important given that, taken together, the Forum’s participants account for 70 percent of the world’s natural gas reserves and around 40 percent of global exports. Thus, our countries make a significant contribution to global energy security and to the balanced development of both individual states and macro-regions. This applies above all to the new centres of economic growth – the countries of Asia, Africa and Latin America – where energy consumption is rising, cities are expanding rapidly, industrial facilities are being built, and electricity use is growing across industry, transport and the digital economy, including data storage and processing centres. Naturally, it is up to each country to decide which type of power generation to develop – whether based on hydrocarbons, nuclear energy, hydropower or renewable sources. Yet natural gas today accounts for a full quarter of the global energy mix. Last year, its consumption grew by 1.2 percent to reach 4.2 trillion cubic metres. These trends are expected to continue, with global gas demand projected to reach 5.5 trillion cubic metres a year by the middle of this century. International supply volumes are set to rise by approximately 50 percent, to 1.7 trillion cubic metres. In other words, the role of natural gas as a pillar of the global energy system, of industry, agriculture and international trade will only continue to strengthen. This presents a serious challenge for the gas industry, particularly given the upheavals it is currently experiencing. The situation in the Middle East, a key global hub for gas production, has become increasingly tense, with established logistics chains and supply routes disrupted. Moreover, Russian gas pipelines to Europe have been directly targeted by acts of terrorism: they were blown up. At the same time, certain states have imposed barriers on the procurement of specialised equipment and technologies. As a result, the global gas industry now finds itself in a state of uncertainty. Established business ties have been disrupted and prices have surged – though, as we know, they could fall just as sharply and return to their previous levels. Many investment plans have been put on hold, deferred or even abandoned altogether. Naturally, all of this increases the risk of long-term market imbalance. In these challenging conditions, and given the growing demand for gas, global producers must ensure stable and reliable supplies. They must guarantee that buyers have the heat they need for their homes, fuel for their businesses and power plants, and raw materials for chemical production, for the manufacture of fertilisers and for the creation of new materials. Russia is a major player in the global gas market. We have the world’s largest natural gas reserves and rank second in terms of its production. We have established a unique industrial complex that allows us to diversify gas supplies and develop natural gas processing and gas conversion. We draw on this strong resource base and our scientific and industrial capabilities to develop the national economy, while remaining a responsible supplier of gas to international markets and a reliable, predictable partner. True, Russian gas companies have faced certain challenges in recent years, including restrictions imposed by a number of countries. In this regard, I would like to reiterate that any attempts to push Russia out of the global gas market or hinder the development of our domestic gas industry have serious consequences, above all a sharp rise in prices to prohibitive levels for consumers abroad, including businesses, industrial enterprises and households. This is precisely what we are seeing in Europe today, where the decision to abandon Russian energy supplies and terminate long-term contracts is causing damage to the region’s own industry and social sector. We have a saying in Russia: “Be careful how deep you dig a pit, you might be the one to fall in it.” And this is what is happening in the European Union today. To address the challenges facing the global gas industry, we should not erect barriers but, on the contrary, strengthen cooperation, primarily among gas-exporting countries. We must rely on our own capabilities and sovereign technologies and develop open, trust-based cooperation founded on mutual benefit and respect for each other’s interests. What are the priorities for this work within our forum? The first and most pressing issue today is the disruption of gas supplies. A substantial volume of gas has been withdrawn from the market in a relatively short period, while demand has remained unchanged. We therefore need to optimise transport routes, taking into account the geographical locations of the forum’s member countries and making use of swap arrangements between them. This is all the more feasible given the growing flexibility and mobility of the gas market, largely driven by the widespread use of liquefied natural gas. LNG supplies are not tied to international pipelines, and LNG now accounts for approximately half of global gas trade. To be continued.

  2. Political27 Oct, 17:15

    Conversation with President of Mozambique Daniel Francisco Chapo

    President of Russia Vladimir Putin had a conversation with President of the Republic of Mozambique Daniel Francisco Chapo. The meeting was held on the sidelines of the 8th Summit of the Gas Exporting Countries Forum. * * * President of Russia Vladimir Putin: Mister President, I am very glad to see you. At the outset, I want to say that we greatly appreciate your personal active participation in the Russia-Africa summit. It is important that Mozambique was represented at the top level in the previous Russian-African forums as well, which, in my opinion, laid a good foundation for Russia to develop ties with the entire continent. Today, we have worked productively with you at the 8th Summit of the Gas Exporting Countries Forum. We completely share your commitment to strengthening multifaceted ties between our countries. Russia and Mozambique are connected by long-standing bonds of friendship established way back at the time of struggle for independence by the people of Mozambique. Last year we marked an important anniversary – 50 years of our diplomatic relations. Our political contacts and interparliamentary ties are progressing. In September, delegations of Mozambiquan parliamentarians took part in the observer mission for the Russian State Duma elections. Our trade and economic interaction is getting stronger. Our trade nearly doubled in January through August. An intergovernmental commission is in place, and just recently, on October 1, it had its fourth meeting in Moscow. Following the meeting, the sides signed a protocol reflecting their commitment to promote cooperation in such areas as geology and the use of the subsurface, in energy, education, science, healthcare, transport, agriculture and information technology. We have traditionally close ties in education. This year, we accepted Mozambican civil servants for internship for the first time. The budget-funded quota for students from your country to study at Russian universities is steadily growing. We will continue to render our humanitarian assistance as well. As it is known, this spring, the Russian Ministry of Emergency Situations delivered humanitarian aid to help overcome the aftermath of the floods caused by Cyclone Gezani. Our interaction at the multilateral platforms, primarily at the UN, is of a constructive nature. We appreciate Mozambique’s support for many Russian initiatives and its rejection of onjectionable Russophobic actions. Mister President, we are very glad to see you in Moscow. Welcome. President of Mozambique Daniel Francisco Chapo (retranslated): Your Excellency, Mr President, First and foremost, I would like to thank you, Mr President, for the invitation to attend the Russia-Africa Summit and for the warm reception we have enjoyed here in Moscow. I would also like to highlight the significance of our political and diplomatic ties, which have been ongoing for over 50 years. Indeed, we achieved our independence with the support of Russia. Last year, we marked the 50th anniversary of the establishment of diplomatic relations between our two countries. I wish to underscore the vital role of the Russia-Africa Summit in consolidating Russia’s robust ties with the African continent. Furthermore, I would like to reaffirm our commitment to continually deepen our relations with the Russian Federation across all sectors, encompassing both bilateral and multilateral cooperation between our two nations. Beyond our participation in this summit, I want to reiterate our profound commitment to friendship and cooperation with Russia. To us, Russia is a friend and brother, and we share a truly fraternal bond with your people. Economic relations between our countries are of paramount importance today, and I am therefore most grateful for the invitation to attend the Summit of the Gas Exporting Countries Forum. This forum serves as a crucial platform for us to further enhance our cooperation in the energy, economic and commercial domains. I am pleased to report that the political situation in our country remains stable. All Mozambicans, both at home and abroad, are living in peace. We do, however, continue to face the challenge of terrorism in Cabo Delgado, the region where our gas reserves are located. This remains a formidable challenge for us, but we are working closely with our partners to bolster security across the country. I would like to express my particular gratitude to the Russian Federation for its support in the education and advanced training of our personnel and cadets, many of whom are currently studying at your military academies. Once again, I thank you for Russia’s continued support in the realm of security. I would also like to emphasise our efforts to diversify our economy. Beyond oil and gas, we are developing new fields, processing our natural resources and making every effort to advance our national economy. I must also thank you for your assistance in mitigating the impact of the recent floods across Mozambique, particularly in Maputo. Your support was invaluable as our cities and regions contended with the aftermath of these natural disasters. Furthermore, as you noted, our diplomatic and parliamentary relations are progressing dynamically. The head of our parliamentary delegation recently visited the Russian Federation, and I extend my sincere gratitude for the warm reception they received. I am delighted to see our ties growing stronger with every such engagement. Thank you very much for your attention.

  3. Political27 Oct, 19:20

    Meeting with Chairman of the Presidential Council of Libya Mohamed al-Menfi

    Concluding a series of bilateral meetings held on the sidelines of the 8th Summit of the Gas Exporting Countries Forum, Vladimir Putin met with Chairman of the Presidential Council of the State of Libya Mohamed al-Menfi. The Russian side was represented at the meeting by Foreign Minister Sergei Lavrov; Deputy Prime Minister Alexander Novak; Deputy Chief of Staff of the Presidential Executive Office Maxim Oreshkin; Deputy Chief of Staff of the Presidential Executive Office and Presidential Press Secretary Dmitry Peskov; Presidential Aide Yury Ushakov; Minister of Economic Development Maxim Reshetnikov; Minister of Energy and Russian Co-Chair of the Russian-Libyan Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation Sergei Tsivilev; Deputy Minister of Defence Vasily Osmakov; Chief of the Main Directorate of the General Staff of the Russian Armed Forces and Deputy Chief of the General Staff Igor Kostyukov; and Deputy Chief of the Main Directorate of the General Staff of the Russian Armed Forces Andrei Averyanov. * * * President of Russia Vladimir Putin: Mr Chairman, Colleagues, friends, We are pleased to see you again and welcome you to Moscow. Libya is our long-standing partner in North Africa. Last year marked the 70th anniversary of diplomatic relations between our nations. Our cooperation within multilateral frameworks, particularly the Gas Exporting Countries Forum, whose summit in Moscow we both just attended, as well as OPEC+, enables us to join efforts in developing measures to safeguard global energy security. Tomorrow, we will begin our work at the 3rd Russia-Africa Summit, and I am confident that this will be a productive and worthwhile engagement as well. Amidst complex international political and economic developments, bilateral trade between our countries continues to evolve. In April, the initial meeting of the co-chairs of the joint intergovernmental commission took place in Moscow. Naturally, we are interested in resuming the commission’s full-scale operations as soon as possible. Russian universities continue to train specialists for Libya’s public sector. This year, we have increased the number of state-funded university places available to your students to 100. In total, 1,500 Libyan students are currently studying at Russian universities. In addition, in 2025–2026, 25 diplomats from Tripoli and Benghazi completed professional development courses at the Diplomatic Academy of the Russian Foreign Ministry. Today, we have an excellent opportunity to exchange views on ways to further expand our bilateral cooperation and discuss the most pressing issues on the international and regional agendas. Once again, I am very pleased to see you. Welcome! Chairman of the Presidential Council of the State of Libya Mohamed al-Menfi (retranslated): Thank you very much. Mr President, I would like to begin by expressing my gratitude for the warm welcome you have extended to us, your hospitality, and your efforts to strengthen relations between our countries. Relations between Russia and Libya did not begin today. They have developed over many years in pursuit of the mutual interests of our two nations. Building on past achievements, we now seek to establish a strategic partnership with a forward-looking vision. Libya needs to broaden its international engagement, and Russia is a major partner in helping us achieve a balance in our international relations. We believe that an active Russian presence in the region could help maintain balance at both the regional and international levels. This is something Libya urgently needs, particularly amid the pressure being exerted on our country and attempts to influence its sovereignty and decision-making. Despite pressure from Western countries over our contacts with Russia, we remain convinced that expanding cooperation with Russia is essential to our national interests, serving Libya’s interests and providing new opportunities to preserve our freedom to make independent decisions. Stability is also essential, not only for our own interests but for the region and the world at large. As an African country on the Mediterranean, Libya’s stability contributes to stability across these major regions. Mr President, we believe that our relations should move beyond political understandings and lead to concrete projects. We are keen to pursue initiatives across a wide range of sectors, including energy, gas, infrastructure and reconstruction, as well as security and the military sphere. We hope that Russian oil companies will return to Libya and contribute to the advancement of this vital sector of our economy. The presence of our Minister of Oil and Gas in the delegation provides an excellent opportunity to begin direct talks with his Russian counterpart and set this process in motion. We also attach great importance to expanding cooperation in the military and security spheres. Such cooperation would allow us to strengthen and integrate the relevant institutions in our country. We can maintain contact through designated representatives of the General Staff, ensuring that our efforts lead to concrete action rather than remaining at the level of mutual understanding. As regards [Russia’s] role in supporting a Libyan-led [political] settlement, we believe that Russia can make a positive contribution to restoring balance in Libya and promoting intra-Libyan dialogue.

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