President Muhammadu Buhari is due to depart Abuja on Sunday for Tehran, the Iranian capital, to participate in the 3rd Gas Exporting Countries’ Forum (GECF) on Monday, November 23, 2015.
President Buhari and the leaders of Iran, Russia, Qatar, the Netherlands, Venezuela, Oman, Algeria, the United Arab Emirates, Bolivia and other member-countries of the GECF are expected to review the current market outlook on gas and discuss strategies for boosting gas production during their meeting in Tehran.
Nigeria and other GECF members currently account for 42 percent of global gas production, 70 percent of global gas reserves, 40 percent of pipeline transmission of gas and 65 percent of the global trade in Liquefied Natural Gas.
President Buhari, who is scheduled to hold bilateral talks with other participating Heads of State and Government on the side-lines of the GECF summit, will also meet with Nigerians resident in Iran.
The President will be accompanied on the trip by the Minister of Foreign Affairs, Mr Geoffrey Onyeama, the Minister of Power, Works & Housing, Mr Babatunde Fashola, the Minister of State for Petroleum Resources, Mr Ibe Kachikwu and the National Security Adviser, Maj.-Gen. Babagana Monguno (Rtd.).
The President is due to return to Nigeria on Tuesday, 24th of November.
