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Equatorial Guinea’s National Gas Company Opens Negotiations for LPG Purchase

Equatorial Guinea’s National Gas Company Opens Negotiations for LPG Purchase

The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced that national gas company SONAGAS will begin marketing the State’s share of liquefied petroleum gas (LPG) produced at the Alba Plant, on Bioko Island. SONAGAS has now opened negotiations with offtakers and will begin marketing its LPG production stake to international buyers from […]

SacOil Joins Consortium to Develop Equatorial Guinea’s Bioko Oil Terminal

SacOil Joins Consortium to Develop Equatorial Guinea’s Bioko Oil Terminal

Ministry of Mines, Industry and Energy confirms SacOil has signed MoU to join the Bioko Oil Terminal partners. The company will work with Taleveras Group, Gunvor Group and the Strategic Fuel Fund to set up Bioko Oil Terminal An MoU signed October 30, 2015 in Cape Town expanded the scope of previous plans to develop […]

Equatorial Guinea Expands Scope of Major Crude Oil and Petroleum Tank Farm Project

Equatorial Guinea Expands Scope of Major Crude Oil and Petroleum Tank Farm Project

The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea. In an expansion of the previous project plan, the Bioko Oil Terminal will […]

Equatorial Guinea Promotes New Offshore Exploration in 2016: Will Not Extend ExxonMobil Zafiro PSC License Upon Expiration

Equatorial Guinea Promotes New Offshore Exploration in 2016: Will Not Extend ExxonMobil Zafiro PSC License Upon Expiration

Following the success of its 2012 and 2014 bidding rounds, the Ministry of Mines, Industry and Energy of Equatorial Guinea has announced it will launch a new bidding round for all remaining deep and ultra-deepwater blocks in 2016. Two operators have confirmed they will further explore prospects in Equatorial Guinea in 2016: RoyalGate Energy will […]

Why Some African Leaders Cling To Power, Whilst Others Walk Away

Why Some African Leaders Cling To Power, Whilst Others Walk Away

Following a weekend of elections on the African Continent, analysts are drawing parallels between Congo-Brazzaville and Tanzania even before results are announced. One leader is accused of tampering with the constitution to extend his grip on power, whilst the other has been credited with respecting presidential term limits. In one corner, you see a political […]

Africa Finance Corporation Completes Corporate Restructuring With The Appointment Of Sanjeev Gupta

Africa Finance Corporation Completes Corporate Restructuring With The Appointment Of Sanjeev Gupta

In January, 2015 AFC implemented a new organisational structure. The purpose of this re-organisation was to increase the Corporation’s client responsiveness by creating sector clusters, that would each be responsible for delivering all of AFC’s products to clients within those sectors, simplifying the Corporation’s structure and increasing responsiveness. In achieving these objectives, a number of […]

Africa Can Fix The International Criminal Court- Here Is How

Africa Can Fix The International Criminal Court- Here Is How

The demand of South Africa’s ruling African National Congress that the government should pull out of the International Criminal Court is defeatist, naïve and reactionary, says Professor John Dugard,expert on international law. African states have largely themselves to blame for the fact that the continent has been singled out by the ICC, and rather than […]

Saving Mothers And Babies Advances Africa – Melinda Gates

Saving Mothers And Babies Advances Africa – Melinda Gates

Sometimes the technical words we use to describe a problem mask its true nature.Such is the case for the hundreds of thousands of women who die during pregnancy or delivery each year across Africa. For them, the official cause of death may be recorded as postpartum hemorrhage or uterine rupture. Similarly, for the alarming number […]

Guinea’s President Alpha Conde Easily Wins Re-Election

Guinea’s President Alpha Conde Easily Wins Re-Election

Guinea’s President Alpha Conde has won re-election and will serve a second five-year term after avoiding a run off against his closest rival in last week’s presidential election. Guinea’s electoral commission declared Conde with winner of the October 11 poll late on Saturday, gaining nearly 58 percent of the vote, compared to opposition leader Cellou […]

New Ebola Cases Reported In Guinea

New Ebola Cases Reported In Guinea

TWO people have fallen ill with Ebola in Guinea, the World Health Organization said on Friday, dashing hopes of an imminent end to the worst recorded outbreak of the disease after a two-week spell without any new cases across West Africa. The new cases mean the epidemic, which began when a 2-year-old boy who fell […]

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