President Muhammadu Buhari will depart Abuja on Friday to participate in the 5th Gas Exporting Countries Forum (GECF) Summit in Malabo, Equatorial Guinea. The President’s Senior Special Assistant on Media and Publicity, Mr Garba Shehu, disclosed this in a statement on Thursday.
He noted that apart from the Nigerian leader, the one-day meeting would be attended by leaders of major gas-producing nations of the world. They include Algeria, Egypt, Equatorial Guinea, Libya, Bolivia, Iran, Qatar, Russia, Trinidad and Tobago, United Arab Emirates, Venezuela, Kazakhstan, and Norway, which account for 70 per cent and 80 per cent of global gas reserves and production respectively.
“The idea of the GECF was first mooted in 2001 when the First Ministerial Meeting held in Tehran, Iran, while the First GECF otherwise called Gas Summit, took place in Doha, Qatar in 2011 with Nigeria represented at the highest level.
“Indeed, President Buhari had attended the Third Gas Summit in Tehran in November 2015. This Fifth Gas Summit in Malabo is the first time the biennial meeting will be hosted in Africa,” the statement read.