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Equatorial Guinea ambivalent on transparency ahead of licensing round
Energy and mines minister Gabriel Mbaga Obiang Lima has expressed reservations about contract transparency despite his government applying to rejoin the Extractive Industries Transparency Initiative (EITI). Speaking to African Energy before travelling to Paris for the EITI Global Conference, he said the initiative treated countries with limited capacity too harshly, and expressed reservations about publishing contract terms.“Some of the members of EITI, they are not there to help countries,” Obiang Lima said.
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