Iran GECF role is gaining momentum as Tehran pushes for a stronger position within the Gas Exporting Countries Forum. Oil Minister Mohsen Paknejad said on Sunday that member countries welcomed Iran’s proposal to restructure the GECF like OPEC. Paknejad made the remarks after meeting fellow energy ministers at a GECF gathering in Doha, Qatar. He said Iran wants to give gas-exporting countries more influence in global markets and pricing.
Analysts highlight that Iran GECF role aims to protect producers from politically driven decisions in major consuming countries, especially in Europe. Iran and Russia hold over 40 percent of the world’s proven natural gas reserves. Yet, they have limited control over supply and prices in key markets. “Both Iran and Russia know that inactivity allows consumers to dominate supply and set prices,” officials explained.
The GECF started in late 2008 to promote cooperation among member states. It now includes 20 countries, which together control more than 70 percent of global gas reserves. These members also produce nearly 45 percent of the world’s gas. Iran exports significant gas volumes to Iraq and Turkey. However, international sanctions have prevented it from expanding production and boosting exports. Russia faces similar challenges, as sanctions have disrupted its gas deliveries to Europe after the 2022 conflict in Ukraine.
Experts believe Iran GECF role could reshape global energy markets if the forum adopts a more structured approach. Stronger cooperation would allow members to stabilize prices and reduce exposure to geopolitical pressures. Iranian officials said they plan to continue discussions to formalize the group’s structure. A unified strategy could give member countries more influence over global supply decisions and pricing strategies.
Improved coordination could also support domestic energy development in member states. Countries could attract investment and improve infrastructure despite international restrictions. By acting together, gas-exporting nations can maintain a meaningful voice in shaping future market trends. Analysts predict that if the GECF becomes more organized, member nations could increase their negotiating power in international trade agreements.
This would allow them to protect revenue and manage market risks more effectively. Overall, Iran GECF role reflects Tehran’s ambition to become a key player in global gas markets. The move signals a growing determination among exporters to protect interests, strengthen collaboration, and influence market dynamics.