Bolivia Ready for International Gas Forum

Bolivia Ready for International Gas Forum

Bolivia Ready for International Gas Forum

La Paz, Nov 16 – Bolivian Foreign Affairs Minister Fernando Huanacuni made sure today that Bolivia is ready to receive the assistants to the Forum of Gas Exporting Countries (FPEG), scheduled to be celebrated in Santa Cruz from November 21 until November 24. Huanacuni said this city of the Bolivian east will receive debates on prices in the natural gas, commercialization on a global scale and it will be an ideal stage to share experiences in this area.

According to him, the safety and services are guaranteed for the guests and delegates who will take part in the world event, supported by the Armed forces, the Police, officials of the different state ministers and the support of university students of Santa Cruz.

The organizers stated that Bolivia will invite in the forum to the analysis of a methodology to determine the price of the sale of the gas in contracts, with the intention of promoting major stability opposite to fluctuations in the indicators.

The FPEG is formed by Algeria, Bolivia, Brunei, Egypt, Equatorial Guinea, Indonesia, Iran, Libya, Malaysia, Nigeria, Oman, Qatar, Russia, Trinidad and Tobago, the United Arab Emirates and Venezuela, and the main companies of the world.

Established in Teheran in 2001, the organization has between its main targets to encourage the concept of mutuality of interests by means of the dialogue between producers, intermediaries and governments on industries relative to the energy, to provide a platform to study and exchange ideas, as well as to promote a market of stable and transparent energy.(Prensa Latina)

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