Posted on: 08:30 Sat, 21 Nov 2015



President Muhammadu Buhari will
depart Abuja on Sunday for Tehran
where he will participate in the third
Gas Exporting Countries’ Forum
opening in the Iranian capital on
Monday.

According to a statement issued on
Friday by his Special Adviser on
Media and Publicity, Mr. Femi
Adesina, the President 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.

Adesina said the leaders would also
discuss strategies for boosting gas
production during their meeting in
Tehran.

He said 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.

The presidential spokesman added
that Buhari who was scheduled to
hold bilateral talks with other
participating Heads of State and
Government on the sidelines of the
GECF summit, would also meet with
Nigerians resident in Iran.

He said, “The President will be
accompanied on the trip by the
Minister of Foreign Affairs, Mr.
Geoffrey Onyeama; the Minister of
Power, Works and Housing, Mr.
Babatunde Fashola; the Minister of
State for Petroleum Resources, Mr.
Ibe Kachikwu and the National
Security Adviser, Maj.-Gen.
Babagana Monguno (rtd.).

“He is due back in Abuja on Tuesday,
November 24, 2015.”

Source: PunchNg