Equatorial Guinea Petroleum Minister to address Africa Oil & Power 2019

2699570771 9c64516a06 zEquatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Obiang Lima will speak at Africa Oil & Power 2019

This year, Minister Obiang Lima led the Year of Energy initiative in which Equatorial Guinea launched major domestic and pan-African natural gas projects.

The Minister, along with Antonio Oburu, general-director of Equatorial Guinea’s national petroleum company GEPetrol, will lead a delegation of African petroleum ministers at the fourth annual Africa Oil & Power (AOP) Conference and Exhibition in Cape Town, South Africa, CTICC1 on 9-11 October.

The Ministry of Mines and Hydrocarbons and GEPetrol will be joined by a large delegation of companies active in Equatorial Guinea, including BANGE, Centurion Law Group, Noble Energy, Marathon Oil, Golden Swan, Baker Hughes, Kosmos Energy, Trident Energy, Tullow Oil, Elite Construcciones, Schlumberger, NAHSCO, Hexagon and NALCO Champion.

Welcoming the delegation and speaking to Minister Obiang Lima’s support of the Africa Oil & Power theme for 2019 #MakeEnergyWork, Africa Oil & Power CEO Guillaume Doane said, “Equatorial Guinea is a leader in Africa in strengthening and growing the energy value chain through gas monetization and trade. Today it is championing gas cooperation between African countries and launching exciting initiatives that will revolutionise the African gas sector.”

In collaboration with Africa Oil & Power, Minister Obiang Lima has campaigned this year to promote the development of gas on the continent as a driver of economic growth.

“Gas has the potential to transform the African energy industry. In Equatorial Guinea, we have made the decision to focus our efforts on gas developments as part of the government’s priority in developing a regional Gas Megahub. We want to lead by example and showcase the opportunities the monetization of gas resources can create for our economy,” said Minister Obiang Lima.

“Our objective is clear. We want to build infrastructure, promote intra-African cooperation, develop a sustainable economy and improve our local content and, with gas, all of this is achievable in the near future,” he concluded.

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