Petroleum Africa
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Wednesday, October 26, 2022
The 24th Ministerial Meeting of the Gas Exporting Countries Forum (GECF), held on October 25 in Cairo, Egypt, has named Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, as the President of the organization for 2023.
Meanwhile, HE Saad bin Sherida Al-Kaabi, Minister of State for Energy Affairs of the State of Qatar and President and CEO of QatarEnergy, was named Alternate President for the same period.
Dmitry Semyonov from the Russian Federation was named the Executive Board Chairman for 2023, and Eng. Alaa Adel Hagar from Egypt was selected as the Alternate Chairman of the Executive Board for the same period.
The members also expressed support for the African countries in their fight for alleviating energy poverty, in particular through unhindered access to financial resources as well as improved energy security with the view to bring prosperity to their people. It called for cooperation, consistent with UN SDG 7, and the overarching principle of common but differentiated responsibilities in the Paris Agreement, to ensure sufficient investments and financing in all segments of the value chain on the African continent, as well as to provide balanced risk sharing between producers and consumers in order for natural gas to support the least developed and developing countries in their fight to improve food security and alleviate energy poverty to ensure just and inclusive energy transition that leaves no one behind.
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