Russia expects that the Gas Exporting Countries...

"The new agency is now making its first steps, and we are interested in it as a really operational, effective tool for coordinating the global gas market," Putin said after a meeting with his Qatari counterpart Sheikh Hamad bin Jasim al-Thani in Moscow.

"Everybody will benefit from using this mechanism - both producers and consumers, as well as transit states," the Russian prime minister said.

Russia and Qatar are members of the GECF and hold the bulk of the world"s known reserves of natural gas, together with Iran, which is also in the forum.

The GECF also comprises Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, and Venezuela. Kazakhstan and Norway are observers.

The GECF headquarters is situated in Qatar"s capital Doha. In December 2009, the GECF elected Russian Leonid Bokhanovsky as its secretary general.

In December last year, Russia"s Energy Minister Sergei Shmatko said the forum will become fully operational

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