Gabriel Mbaga Obiang Lima wants to see Equatorial Guinea become a regional hub
Malabo's dash for gas in Equatorial Guinea
Equatorial Guinea has secured fresh supply for its LNG plant, but can it build on that success?
Gabriel Mbaga Obiang Lima is a big fan of natural gas. Equatorial Guinea's energy minister spends large chunks of his year travelling around the world proselytising on the potential of the West African producer—the smallest Opec member by crude output—to become a major gas export hub. He says he is taking his cue from Middle Eastern oil producers now focusing on gas as the fossil fuel of the future. But he is also well aware of the need to replace Equatorial Guinea's declining oil output from maturing fields with export earnings from new volumes. Crude output is running at around 113,000bl/d in 2019, compared to 120,000bl/d in 2018, according to the minister. He puts a positive spin on that,
Also in this section
5 June 2025
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
5 June 2025
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
5 June 2025
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
3 June 2025
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges
