Author:InvestEG

A New Arab-Africa Alliance Emerges

Saudi Arabia and Equatorial Guinea’s interests are aligning following a series of high-level meetings, including the 4th Africa-Arab World Summit held in Malabo in 2016 and Equatorial Guinea’s bid to join OPEC earlier this year. An economic forum in Jeddah on May 10, 2017 will examine...

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A Message from His Excellency Gabriel Mbaga OBIANG LIMA

Greetings,   The Governments of Equatorial Guinea and India have been strongly committed to boosting ties between both countries. Last October, Equatorial Guinea President, H.E. Teodoro Obiang Nguema Mbasogo, and India Prime Minister Narendra Modi, issued directives to execute a cooperation that would have a lasting effect...

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Equatorial Guinea Inaugurates Pioneering CNG Plant

Ministry of Mines, Industry and Energy and SONAGAS officially inaugurate compressed natural gas infrastructure CNG bus terminal and cooking gas bottling plant situated at Punta Europa gas processing center Equatorial Guinea is the first country in the region to introduce CNG and gas-powered public transport   Equatorial Guinea...

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Despite low price, oil production presses on

Even as Equatorial Guinea’s crude trades at 65 percent below its level in October 2014, its leadership is resolved to keep output levels unchanged. Meanwhile, the government is working with operators to allocate more gas capacity at the Punta Europa plant.   Equatorial Guinea’s crude production of...

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MMIE and ONGC Videsh Sign MoU for Energy Cooperation

NEW DELHI – The Government of Equatorial Guinea, represented by the Ministry of Mines, Industry and Energy, has signed a memorandum of understanding (MoU) with the Oil and Natural Gas Corporation Limited (ONGC Videsh) for a sweeping cooperation that could encompass several areas of the...

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Reasons to Invest: India and Equatorial Guinea

As the only nation among the BRICS whose economic expansion has not faltered, India has won the confidence of African leaders. With longstanding cultural ties to African nations, it is now committed to boosting trade with the continent from its current level of $70 billion annually....

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