As oil output declines, Equatorial Guinea makes new plans to harness gas reserves


In depth
Issue 284 - 12 Sep 2014 | 6 minute read

The Malabo government announced on 5 August that it had signed a joint financing agreement with BG Group and state gas company Sonagas for two projects using natural gas in the local economy. One project will convert a 24MW power plant in Bata, on the mainland, to run on gas. The other is “developing a fleet of 20 natural-gas powered buses and fuelling stations to operate between Equatorial Guinea’s two largest cities”, BG Group external communications manager Kim Blomley told African Energy. Other than saying “we have committed to jointly fund the construction”, Blomley gave no more details about the projects and their timelines.

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