President Buhari Heads For Iran To Attend Gas Exporting Countries Forum

President Muhammadu Buhari will depart Abuja on Sunday for Tehran where he will participate in the 3rd Gas Exporting Countries’ Forum opening in the Iranian capital on November 23, 2015.President Buhari and the leaders of Iran, Russia, Qatar, Netherlands, Venezuela, Oman, Algeria, 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 per cent of global gas production‎, 70 per cent of global gas reserves, 40 per cent of pipeline transmission of gas and 65 per cent 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 sidelines 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, Geoffrey Onyeama; the Minister of Power, Works and Housing, Babatunde Fashola; the Minister of State for Petroleum Resources, Ibe Kachikwu; and the National Security Adviser, Majoor General Babagana Monguno (rtd).

He is due back in Abuja on November 24, 2015