In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the Gulf of Guinea Gas Pipeline Project. A joint regional pipeline development, the project will transport gas from Nigeria to Equatorial Guinea. Under the terms of the deal, gas will be processed at Equatorial Guinea’s LNG processing facilities at Punta Europa on Bioko Island – owned by the state-owned EG LNG – signaling new opportunities for energy security on the back of bilateral collaboration.
The deal, signed by Presidents Teodoro Obiang Nguema Mbasogo and Bola Ahmed Tinubu this week, outlines plans for a pipeline, LNG facility feedstock and gas sales to power companies and industrial users, ensuring energy security and regional trade in West Africa
“This agreement marks a significant milestone in Equatorial Guinea’s GMH…
