Russian President Vladimir Putin will attend the Gas Exporting Countries Forum (GECF) to take place in Tehran on November 23, said presidential aide Yuri Ushakov on Friday.
He added that the head of Russian state will probably meet the president of Iran and other leaders, Sputnik reported.
"We are preparing for participation in the third summit of the Gas Exporting Countries Forum on November 23 in Tehran and our president will obviously go there," the Kremlin's representative said.
A meeting with the summit host is expected as usual and contacts with other leaders of attending nations are possible, Ushakov said. Putin plans a one-day visit to Tehran, he added.
GECF's third summit in Tehran is expected to be attended at high level by its 18 members. The summit will be pivotal for member countries as any measures taken at the event will weigh heavily on the economic prospect of countries in general and gas-fed industries in particular.
The forum will be held against a backdrop of lately turbulent supplies and demands in the global gas market.
The GECF consists of 18 main members and observers with its permanent secretariat positioned in Doha, Qatar. Russia, Iran, Qatar, Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, Peru, the United Arab Emirates, and Oman are main members of the gas exporting body.
Observer countries are the Netherlands, Kazakhstan, Iraq and Norway.
GECF members account for 42 percent of global gas output, 70 percent of global gas reserves, 40 percent of the global pipeline gas transmission, and 65 percent of global trade of liquefied natural gas (LNG).