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Equatorial Guinea to build national refinery from 2027

By , based on Realequatorialguinea

Equatorial Guinea to build national refinery from 2027Ministry of Foreign Affairs of Japan (Ⓒ Cabinet Public Re… · CC BY 4.0

Equatorial Guinea plans to begin building a national refinery in 2027 to reduce its dependence on imports of refined products. The government also plans to invest $20 million in Gepetrol Servicios to increase its storage capacity, according to Vice-President Nguema Obiang Mangue.

Equatorial Guinea plans to begin construction of a national refinery in 2027 to strengthen the domestic supply of fuel, Vice-President Nguema Obiang Mangue announced on his official X account.

Experts are due to arrive in November to survey sites and prepare the project. The announcement was made after a meeting at the People’s Palace with companies operating in the hydrocarbons sector, as the country faces a fuel supply crisis, according to Nguema Obiang Mangue.

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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

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