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Equatorial Guinea Planning to Invest $1B in New Energy Developments, Including Two Refineries

By Criterion Research
December 2, 2019 -

Equatorial Guinea announced that they are dedicating $1.0 billion to the construction of new oil & gas assets, including two new crude oil refineries. The two refineries would each be able to process 30-40 Mbbl/d in crude from the Zafiro offshore field.

The remainder of the capital will be used to develop crude oil storage, a methanol-to-gasoline plant and an expanded LNG project. 


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Entities
GEPetrol

Projects
Equatorial Guinea Crude Oil Refinery 1 (subscriber access)
Equatorial Guinea Crude Oil Refinery 2 (subscriber access)

Categories
Oil and Gas
Downstream

Commodities
Crude Oil

Tags
Capital Projects
Capital Spending
Production
Refining

Regions
Africa

Countries
Equatorial Guinea

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