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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