The Year of Energy, spearheaded by the Ministry of Mines and Hydrocarbons in Equatorial Guinea, will be hosting events in Nigeria, Spain, the United Arab Emirates, South Africa and Equatorial Guinea in order to bring attention to issues of regional co-operation, gaining greater value from natural resources, and promoting investment in oil and gas projects. Among these events are the APPO CAPE VII Congress & Exhibition, to be held on 2-5 April, and the GECF Gas Summit, planned for 26-29 November.

Promoting the Year of Energy at the recent III Oil & Gas Meeting Day, Equatorial Guinea’s Minister of Mines and Hydrocarbons said that the country will welcome new oil and gas operators in April, providing details on multiple value-added projects currently underway.

Guinean Year of Energy extends across Africa

Minister Gabriel Mbaga Obiang Lima announced that he expects a final investment decision on the natural gas ‘backfill’ project linking producing gas fields in Equatorial Guinea to onshore liquefied natural gas facilities next month. He also welcomed petroleum sector operators to explore Equatorial Guinea through the EG Ronda 2019 licensing round and told delegates that new operators would soon be entering the country to take over amortised fields.

“Oil and gas has been fundamental to our growth and we have taken advantage of our resources to fuel development, but it will not be enough to secure our future. We are looking to the Canary Islands as an example that is close to home for many of us, as a place that has succeeded in building a sustainable economy on tourism and services. Equatorial Guinea will be the Singapore of the Gulf of Guinea. For that to happen, we invite our international partners to invest with us in technology, infrastructure and education and to exchange their experiences with us,” he said.


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