Togo and Equatorial Guinea Sign Liquefied Natural Gas Deal

Posted On April 12th, 2018 - 1:29 pm | by Oil and gas press

Equatorial Guinea’s Minister of Mines, and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima and Togo’s Minister of Mines and Energy H.E. Marc Dèdèriwè Abli-Bidamon have signed a cooperation agreement to facilitate the trade in liquefied natural gas between the two countries.

The new memorandum of understanding, signed last week by the ministers, creates a framework for Togo to import LNG produced in Equatorial Guinea. The agreement is part of the LNG2Africa initiative, in which Equatorial Guinea is promoting the utilization of LNG within Africa, using gas sourced and processed in Africa. Togo will study the import, regasification of LNG, and its use for power generation.

“As an established LNG producer since 2007, and with a floating LNG in the works, we know the power of this fuel to transform Africa,” said H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea.

“It is imperative that African nations monetize their gas, and that energy users benefit from this cheaper, cleaner, locally produced resource. Equatorial Guinea is committed to working with its neighbors in the region to find solutions that bring benefit to us all. We look forward to a strong partnership with Togo.”

Companies Elite Construcciones, Norgas and General Electric took part in the visit and discussed the potential for small scale LNG trade within West Africa. Following the signing of the agreement, H.E. Gabriel Mbaga Obiang Lima visited Lomé port.

Prior to signing the MoU with his Togolese counterpart, H.E. Gabriel Mbaga Obiang Lima paid a working visit to the Minister of Energy of Burkina Faso H.E. Bechir Ismael Quedraogo. Both ministers and their technical teams worked on the implementation of the MoU signed between Equatorial Guinea and Burkina Faso in September 2017, also under the LNG2Africa initiative. The parties presented a detailed plan to supply LNG to power plants in Burkina Faso. Once approved, Burkina Faso will immediately benefit from LNG supplies from Equatorial Guinea.

Source / More: globenewswire

oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil”

Please email us your news for publication info@OilAndGasPress.com

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook

Tags: , , , , , Press Releases

Leave a Reply

Be the First to Comment!

Notify of
avatar

wpDiscuz

SUBSCRIBE FOR FREE

Become a Oil & Gas Press subscriber

Oil and Gas Company News and Analysis Daily



ENERGY PRICES

TWITTER FEEDS

Biocide Systems

update or view historical data

IMAGE OF THE DAY

LIKE US ON FACEBOOK

  • Stocks and Shares
  • Algeria
  • Ministère de l'Energie et des Mines
  • www.mem-algeria.org
  • National Oil Company: SONATRACH
  • www.sonatrach-dz.com
  • Oil and Gas Press
  • Angola
  • Ministry of Petroleum
  • www.minpet.gov.ao
  • National Oil Company: SONANGOL
  • www.sonangol.co.ao
  • Oil and Gas Press Benin Republic
  • Benin
  • Ministère de l'Energie, des Recherches Pétrolières et Minières, de l'Eau et du
  • National Oil Company: OBH (Office Béninois des Hydrocarbures)
  • Oil and Gas Press
  • Cameroon
  • National Oil Company: SNH (Société Nationale des Hydrocarbures )
  • www.snh.cm
  • Oil and Gas Press
  • Chad
  • Ministère du Pétrole et de l'Energie
  • www.ministere-petrole.td
  • National Oil Company: SHT (Société des Hydrocarbures du Tchad)
  • >Oil and Gas Press
  • Congo (Republic of)
  • Ministère des Hydrocarbures
  • www.ministere-hydrocarbures.cg
  • National Oil Company: SNPC (Société Nationale des Pétroles du Congo )
  • www.snpc-group.com
  • Oil and Gas Press
  • D.R Congo
  • Ministère des Hydrocarbures
  • National Oil Company: COHYDRO (Congolaise des Hydrocarbures)
  • Oil and Gas Press
  • Côte d'Ivoire
  • Ministère des Mines, du Pétrole et de l'Energie
  • National Oil Company: PETROCI
  • (Société Nationale d'Opérations Pétrolières de la Côte d'Ivoire)
  • www.petroci.ci
  • Oil and Gas Press
  • Egypt
  • Ministry of Petroleum and Mineral resources
  • www.petroleum.gov.eg
  • National Oil Company: Egyptian General Petroleum Corporation
  • www.egpc.com.eg
  • Oil and Gas Press
  • Gabon
  • Ministère du Pétrole, de l'Energie et des Ressources Hydrauliques
  • http://www.energie.gouv.ga
  • Oil and Gas Press
  • Ghana
  • Ministry of Energy
  • www.energymin.gov.gh
  • National Oil Company: Ghana National Petroleum Corporation
  • www.gnpcghana.com
  • Oil and Gas Press
  • Equatorial Guinea
  • Ministère des Mines, de l'Industrie et de L'energie
  • www.equatorialoil.com
  • National Oil Company:GEPetrol
  • www.guineaecuatorialpetrol.com
  • >Oil and Gas Press
  • Libya
  • National Oil Company: NOC
  • (National Oil Corporation)
  • www.noc.ly
  • Oil and Gas Press
  • Mauritania
  • Ministère du Pétrole, de l'Energie & des Mines
  • www.petrole.gov.mr
  • National Oil Company: SMH
  • (Société Mauritanienne des Hydrocarbures ) Oil and Gas Press
  • Namibia
  • National Oil Company: NAMCOR
  • (National Petroleum Corporation of Namibia)
  • www.namcor.com.na/
  • Oil and Gas Press
  • Niger
  • Ministère de l'Energie et du Pétrole
  • National Oil Company:SONIDEP
  • (Société Nigerienne des Produits Pétroliers)
  • www.sonidep.net
  • Oil and Gas Press
  • Nigeria
  • Ministry of Petroleum Resources
  • www.nigeria.gov.ng
  • National Oil Company: NNPC
  • (Nigerian National Petroleum Corporation)
  • www.nnpcgroup.com
  • Oil and Gas Press Sao Tome
  • Empresa Nacional De Combustiveis e Oleos
  • Island Oil Exploration
  • >Oil and Gas Press
  • South Africa
  • Department of Energy
  • www.energy.gov.za
  • National Oil Company: PetroSA
  • (Petroleum, Oil and Gas Corporation of South Africa)
  • www.petrosa.co.za
  • >Oil and Gas Press
  • Sudan
  • Ministry of Petroleum
  • National Oil Company: SUDAPET
  • (Sudan Petroleum Company)
  • www.sudapet.sd
  • >Oil and Gas Press Togo
  • BUREAU VERITAS TOGO
  • COTECNA INSPECTION S.A.
  • TOTAL TOGO S.A.(DISTRIBUTION)