A major beneficiary of Equatorial Guinea’s investments in infrastructure has been the transport sector. The result? New air and seaports and modern paved roads connecting all the major cities. From Punta Europa, the oil and gas sector 3.7 million tonnes per annum of liquefied natural gas, nearly 2,700 measurement tons per day of methanol and significant amounts of LPG to global destinations.
Equatorial Guinea seeks to position itself as a strategic transportation hub in the region, to which end it has improved its port facilities with the aim of becoming an international base for the movement of freight and passengers. The Port of Malabo has 484 linear meters of docks, plus a shelter dock of about 400 meters 60,000 square meters of container storage space. Thanks to its natural depth of than 50 feet, the port offers docking for large container ships. The port is being expanded to store more freight cargo and accommodate more ships.
Equatorial Guinea’s auspicious location in the Gulf of Guinea makes it an ideal spot for the export and re-export of products. Luba Bay is the only location in the entire region with a water drop of nearly 150 feet, giving Equatorial Guinea an edge over other markets where ships might have to travel long distance or carry out a large drainage before porting. When it comes to having world-class facilities and responding to the fast movement demands of a global transport market, Equatorial Guinea is second to none in West Africa.
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March 30, 2015