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January 22, 2016, New Delhi, India

January 22, 2016, New Delhi, India

The Equatorial Guinea-India Hydrocarbons & Industry Forum was an event hosted by the Ministry of Mines, Industry and Energy of Equatorial Guinea. The 1-day forum was held to promote investment opportunities in the energy, hydrocarbons and industrial sectors of Equatorial Guinea.

The Equatorial Guinea-India Hydrocarbons & Industry Forum took place on January 22, 2016 at The Leela Palace. It coincided with the India-Africa Hydrocarbons Conference, hosted by the Ministry of Petroleum and Natural Gas of India in New Delhi from January 20-22.

The forum featured presentations by top ministry officials, including H.E. Gabriel Mbaga Obiang Lima, the Minister of Mines, Industry and Energy. The ministry presented its policy and regulatory framework and the prime investment prospects in the oil and gas and industrial sectors.

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HIGHLIGHTS

 

• Promoting enhanced trade cooperation between India and Equatorial Guinea. India imports about $385 million worth of Equatorial Guinea crude oil per year.

 

• Presentations from top Equatorial Guinea Ministry officials, including H.E. Gabriel Mbaga Obiang Lima, Minister of Mines, Industry & Energy.

 

• Key investment prospects on showcase: offshore hydrocarbon exploration, mining, petrochemicals, the Industrial City of Mbini and the Bioko Oil Terminal.

INVEST EG

  • In low oil price situation, Equatorial Guinea shifts export strategy

    India is one of Equatorial Guinea’s biggest importers of crude oil, but much of these sales have been the work of middlemen selling spot cargoes. That is about to change as part of the Ministry of Mines, Industry and Energy’s shifting petroleum export strategy with......

  • 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......

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