29 March 2024
‘GECF has no intention to collectively reduce supply’: Yury Sentyurin, secretary general, Gas Exporting Countries Forum
Publication date: 19 August 2020
Gas Strategies Group
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Bountiful gas reserves and the revenues afforded by gas exports have proved a blessing for many developing countries. However, the demand shock caused by Covid-19, which has exacerbated downward pressure on gas prices, and oil market volatility in 2020 has left them uniquely vulnerable to the economic strife caused by a worldwide lockdown. Gas Matters talks to Yury Sentyurin, secretary general of the intergovernmental Gas Exporting Countries Forum (GECF), whose members include Algeria, Nigeria, Russia and Qatar, about the impact of the Covid-19 shockwave on gas exporters, and the GECF’s role in the international gas market.