Gas Exporting Countries Forum
Doha Declaration

We, the Heads of State and Government of Member Countries of the Gas Exporting
Countries Forum (GECF), in furtherance of our co-operation and
continuing spirit of
solidarity and unity, having accepted the invitation extended by His Highness Sheikh
Hamad Bin Khalifa Al-Thani, The Emir of the State of Qatar, to meet for our First
Gas Summit in Doha, the State of Qatar, on 15 November, 2011:

Endorsing
the absolute and permanent sovereign rights of Member Countries
over their natural gas resources;

Recognizing
our commitments towards the social and economic development
of our peoples;

Cognizant
of the abilities of Member Countries to independen
tly plan and
manage efficient, sustainable and environmentally conscious developments of
natural gas resources, in order to promote sustainable growth and policies to
meet the needs of current and future generations;

Noting
the growing importance of natura
l gas as a clean fuel in the global
energy mix and ensuring the stability of the world
markets, contributing
significantly to economic prosperity, meeting environmental initiatives and
advancing technological and scientific developments;

Willing
to continue co-operation among Member Countries through the
exchange of experience and information, in accordance with the GECF
Statute;

Acknowledging
the need for fair
valorisation
of natural gas resources in light
of the challenges posed by the dynamics of economic, political and
environmental uncertainties and concerns;

Resolve to:

1.
Reaffirm our commitment to the principles and objectives of the Gas
Exporting Countries Forum.

2.
Support the interests of GECF Member Countries through suitable policies
and strategies
designed to optimize the overall economic benefits of their
natural gas resources.

3.
Express our determination to continue working together in providing efficient
and reliable gas supplies to ensure the stability of world gas markets.
Gas

4.
Acknowledge the need
to reach a fair price for natural gas based on gas to
oil/oil products prices indexation with the objective of an oil and gas price
convergence, taking into account its advantages both in terms of energy
efficiency and environmental premium.

5.
Recognize th
e importance of long term gas contracts to achieve a balanced
risk sharing mechanism between producers and consumers as a way of
promoting the necessary investments in the gas chain.

6.
Emphasize that economic and social development is among our top prioriti
es.

7.
Promote and develop new and effective channels of dialogue between natural
gas producers and consumers, through international and regional energy
organizations and fora, for the purpose of ensuring technology transfer, market
transparency, stability a
nd growth, for the benefit of all.

8.
Continue the process of co-ordination and consultation with non-Member Gas
producing and exporting
Countries, and encourage their membership
in
the
Gas Exporting Countries Forum.

9.
Enhance co-operation, co-ordination
and exchange of views among Member
Countries
and continuously work with all industry stakeholders to achieve Gas
Exporting Countries Forum objectives, particularly in the fields of technology,
logistics, management and human resource development, with a view to
promoting efficiency, innovation, responsible governance and international
best practice.

10.
Acknowledge the extensive efforts, investments, commitments and risks
undertaken by Member Countries to promote the stable supply of natural gas
and simultaneo
usly encourage the governments of importing
and transit
countries to ensure the security of sustainable demand and
necessary
conditions for transborder gas transit infrastructure development and
accepting
equitable risk sharing through the adoption of tran
sparent, non-discriminatory
and predictable
legal framework,
energy, trade, fiscal and environmental
policies.

11.
Encourage Member
Countries to support
international efforts aimed at
addressing
global environmental challenges,
under the principle of common
but differentiated responsibilities.

12.
Highlight the importance of natural gas as a green fuel, an abundant resource
and a safe alternative capable of providing the answer to the 21
st
century
sustainable development challenge for clean, reliable and effici
ent energy.

The Heads of State and Government of the Gas Exporting Countries Forum extend
their appreciation to His Highness Sheikh Hamad Bin Khalifa Al-Thani, The Emir of
the State of Qatar, for the excellent leadership of the First GECF Gas Summit and
to
the Government and People of Qatar for their warm hospitality.

The Summit was attended by the Sovereigns, Presidents, Heads of State of Algeria, Iran, Nigeria, Equatorial Guinea, Bolivia, Russia, Oman.
Kazakhstan, Norway, the Netherlands and Venezuela were represented by the Ministers of Energy.