EG seems to have recognized the signs of the times. If you produce LNG in the Atlantic basin and you are so far from the vanilla markets, you need to create your own market. Bata needs a lot of diesel in order to drive its economy. Using their own LNG in order to replace that cash drain is a smart move, a move that will see copycats. Smart move Mr. Obiang.
Minister of mines and hydrocarbons, Gabriel Obiang Lima, led the Year of Energy initiative in which Equatorial Guinea launched major natural gas projects.