Africa Monitor

Africa Monitor Intelligence

Equatorial Guinea: Refinery Project Suspended Due to Investor Disinterest

Attracting international investors to build a petrochemical complex with an oil refinery is a priority for the Government of PR TEODORO OBIANG, as a solution to the economic recession due to the decrease in crude oil production in recent years. Chinese state-owned oil companies continue to be “preferential targets” in the face of Chinese public financing facilities. READ MORE