After a year of sector recovery and pan-African alliance building, Equatorial Guinea is ready to capitalize on expected new investment and solidify its global standing through its ''Year of Energy'' campaign. In 2019, Equatorial Guinea will host and promote multiple events to champion its oil and gas projects and promote intra ...
In August 2019, Equatorial Guinea announced its plans to develop an LNG storage and regasification plant, to be built at the port of Akonikien on the southern border of the mainland by local contractor Elite Construcciones.
Electricity consumption in Equatorial Guinea in 2015 was 36 kilotonnes of oil equivalent (ktoe). The country produces all of the energy it consumes. As of 2012, renewable energy accounted for 29.2% of the final energy mix.
For Equatorial Guinea, which enjoys a strategic position in the Gulf of Guinea, gas-to-power offers the potential to anchor the development of a regional power economy. Given its current energy output and relatively small population of 1.4 million, the country has been able to meet domestic energy demand with self-produced power to date.
ECP, in partnership with the Ministry of Mines and Hydrocarbons, announced the launch of its Africa Energy Series: Equatorial Guinea 2021 campaign – comprising a report and documentary – that will serve as a critical tool to navigate the energy investment landscape of one of Africa’s more mature petroleum-producing markets.
While the Turbogas plant has been Equatorial Guinea’s largest power plant for over a decade, the Ministry of Mines and Hydrocarbons has been pushing to further develop the use of natural gas for local consumption through gas-to-power construction projects.
In Equatorial Guinea, natural gas is set to play a major role in not only supporting the country’s drive to increase electricity access, but also fast-tracking industrialization and a transition to cleaner energy sources.
After a year of sector recovery and pan-African alliance building, Equatorial Guinea is ready to capitalize on expected new investment and solidify its global standing through its ''Year of Energy'' campaign. In 2019, Equatorial Guinea will host and promote multiple events to champion its oil and gas projects and promote intra ...
developing areas. Energy self-sufficiency has been defined as total primary energy production divided by total primary energy supply. Energy trade includes all commodities in Chapter 27 of the Harmonised System (HS). Capacity utilisation is calculated as annual generation divided by year-end capacity x 8,760h/year. Avoided
In August 2019, Equatorial Guinea announced its plans to develop an LNG storage and regasification plant, to be built at the port of Akonikien on the southern border of the mainland …
In August 2019, Equatorial Guinea announced its plans to develop an LNG storage and regasification plant, to be built at the port of Akonikien on the southern border of the mainland by local contractor Elite Construcciones. The plant boasts a storage capacity of 14,000 cubic meters in 12 bullet tanks, as well as a truck-loading station and 12km ...
Minister Obiang Lima alongside Antonio Oburu, General Director of Equatorial Guinea''s national oil company GEPetrol, will lead a delegation of companies active in Equatorial Guinea to the Africa Oil & Power Conference and Exhibition in Cape Town, South Africa on October 9-11, 2019. Joining the minister will be BANGE, Centurion Law Group, Noble Energy, …
The African Energy Chamber will host an investment forum in China at the beginning of July which is set to open up Equatorial Guinea''s EG Ronda 2019 Licensing Rounds for oil and gas and mining to Chinese and Asian investors.
Centered on Equatorial Guinea''s 2019 Year of Energy campaign, Africa Oil & Power produced its second full-length report on the country''s energy sector, showcasing local companies and their achievements and promoting landmark national energy projects, including LNG2Africa, the Gas Mega Hub and the EG Ronda 2019 oil, gas and mining licensing ...
GOAL: to promote an understanding, on a global scale, of the dynamics of change in energy systems, quantify emissions and their impacts, and accelerate the transition to carbon-neutral, environmentally benign energy systems while providing affordable energy to all.
In Equatorial Guinea at the Port of Akonikien, the landmark regasification plant will enable the storage, transportation and distribution of liquefied natural gas (LNG) to the …
GOAL: to promote an understanding, on a global scale, of the dynamics of change in energy systems, quantify emissions and their impacts, and accelerate the transition to carbon-neutral, …
After a year of sector recovery and pan-African alliance building, Equatorial Guinea is ready to capitalize on expected new investment and solidify its global standing …
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetise gas resources through the creation of domestic gas-to-power infrastructure.
Equatorial Guinea is the ninth-largest producer of crude oil in Africa, after Ghana in 2018. Foreign investment, primarily by U.S. companies, have poured into the country''s oil sector in recent years. The Zafiro field is Equatorial Guinea''s largest oil producer, with output rising from 7,000 bbl/d in 1996 to approximately 280,000 bbl/d by 2004.
Equatorial Guinea is Africa''s Center of Energy in 2019. At the end of August 2018, the Ministry of Mines and Hydrocarbons, led by H.E. Minister Gabriel Mbaga Obiang …
Compared to other countries in the region, Equatorial Guinea has a good electrification rate with 66.5% of the total population with access to electricity in 2019, of which the majority (90.9%) …
developing areas. Energy self-sufficiency has been defined as total primary energy production divided by total primary energy supply. Energy trade includes all commodities in Chapter 27 of …
The report highlights Equatorial Guinea''s energy diplomacy in recent years, its investment in sustainable oil and gas sector growth and its support of the agenda of oil- and gas-producing countries in Africa and the world, with chapters dedicated to Equatorial Guinea''s membership in the African Petroleum Producers Organization and Gas ...
Compared to other countries in the region, Equatorial Guinea has a good electrification rate with 66.5% of the total population with access to electricity in 2019, of which the majority (90.9%) located in urban areas.
The report highlights Equatorial Guinea''s energy diplomacy in recent years, its investment in sustainable oil and gas sector growth and its support of the agenda of oil- and gas-producing …
In Equatorial Guinea at the Port of Akonikien, the landmark regasification plant will enable the storage, transportation and distribution of liquefied natural gas (LNG) to the country''s mainland; 12 bullet tanks will carry 14,000 cubic meters of storage capacity, supported by a truck loading station and 12-kilometers of ten-inch gas and ...
Primary energy trade 2016 2021 Imports (TJ) 12 669 10 616 Exports (TJ) 658 943 432 048 Net trade (TJ) 646 274 421 432 Imports (% of supply) 10 9 Exports (% of production) 86 80 Energy self-sufficiency (%) 625 442 Equatorial Guinea COUNTRY INDICATORS AND SDGS TOTAL ENERGY SUPPLY (TES) Total energy supply in 2021 Renewable energy supply in 2021 ...
Equatorial Guinea is Africa''s Center of Energy in 2019. At the end of August 2018, the Ministry of Mines and Hydrocarbons, led by H.E. Minister Gabriel Mbaga Obiang Lima, launched the Year of Energy initiative.
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetise gas resources through the creation of domestic gas-to-power …
The Alen gas monetisation project is part of Equatorial Guinea''s plans to create a "gas mega hub", which seeks to utilise existing infrastructure to build a gas energy industry within Equatorial Guinea and to develop the first successful cross-border gas venture on the African continent. Equatorial Guinea launched Africa''s first offshore gas mega hub in 2019, …
Equatorial Guinea has made significant steps toward its goal of becoming a regional energy hub, with advancements including the launch of the 2019 oil, gas and mining licensing round offering up 24 offshore and two onshore blocks; the signing of definitive agreements for the monetization of gas from the Equatorial Guinea''s Alen unit in the Gas …
Equatorial Guinea''s Ministry of Mines and Hydrocarbons (MMH) has announced the key companies shortlisted for the execution of its landmark projects under its ongoing Year of Investment. At Punta Europa, where most of Equatorial Guinea''s gas and energy activities are currently located, the country plans to build a modular refinery, storage tanks and a methanol …
Malabo, Equatorial Guinea, November 26, 2019 – Equatorial Guinea''s Ministry of Mines and Hydrocarbons has announced the winners of the 2019 licensing round for its oil, gas and mining acreage. Officially launched in April, the round received interest from 53 international and national companies, with 17 companies submitting official bids and seven companies …
As a result, African countries such as Equatorial Guinea are harnessing opportunities to create local industry around the exploration and production of minerals, which could help meet growing demand for clean energies. In 2019, the Ministry of Mines and Hydrocarbons held its first public tender for mining acreage in the country. EG Ronda 2019 ...
Centered on Equatorial Guinea''s 2019 Year of Energy campaign, Africa Oil & Power produced its second full-length report on the country''s energy sector, showcasing local companies and their …
Equatorial Guinea has announced plans to develop energy projects worth US$1bn, including two new oil refineries. The first modular refinery would have a capacity of 20,000 bbl/d and transforms crude oil from Zafiro and Aseng fields. The second modular refinery would produce 10,000-20,000 bbl/d and would be located on the mainland in Kogo, with oil …
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