The East Med Gas Forum (EMGF) was formally established as an international body during a virtual signing ceremony that saw ministers from Egypt, Italy, Greece, Israel, Cyprus, Jordan and Palestinian Authority sign a charter establishing the EMGF.
According to a joint statement, EMGF’s aim is to be “an international organisation that respects the rights of members with respect to their natural resources in accordance with the principles of international law, and support their efforts to benefit from their reserves and use of infrastructure, to serve as a platform that brings together gas producers, consumers and transit countries to create a shared vision and establish a structured systematic policy dialogue on natural gas.”
Cairo will be the home for the headquarters of the forum.The EMGF was created in 2019 and is supported and recognised by the European Union, World Bank, and the United States.
The EMGF will set “a shared vision and systematic and regulated dialogue over natural gas policies… to maximise the region’s resources.”
The statement added that EMGF is open for membership submissions by any state in the Eastern Mediterranean, and any other state or regional or international organisation as an observer.