Nigerian President to Attend Exporting Countries Forum In Iran

Nigerian President to Attend Exporting Countries Forum In Iran

Nigerian President Muhammadu Buhari is travelling on Sunday Nov, 22 to Tehran, Iran, to participate in the 3rd Gas Exporting Countries Forum (GECF), according to pmnewsnigeria.

Buhari will lead the Nigerian delegation to participate in the summit, scheduled for November 23rd, and should return a day later.

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% of global gas production‎, 70% of global gas reserves, 40% of pipeline transmission of gas and 65% of the global trade in Liquefied Natural Gas.

The President will be accompanied on the trip by the Minister of Foreign Affairs, Geoffrey Onyeama, the Minister of Power, Works & Housing, Babatunde Fashola, the Minister of State for Petroleum Resources, Ibe Kachikwu and the National Security Adviser, Maj.-Gen. Babagana Monguno, Vanguardngr reported.

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