The UAE announced that it will join the top 12 gas suppliers in the Gas Exporting Countries Forum (GECF). The GECF was established in 2008 and its members hold around 70% of the world’s natural gas reserves. It currently includes Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Oman, Russia, Trinidad & Tobago, and Venezuela. The UAE has proven reserves of six trillion cubic meters of gas, ranking it in fourth place globally.
Source: AFP
16 May