Equatorial Guinea Advances Investment Initiatives Amid COVID-19 Challenges
Despite global trade slowdowns, Equatorial Guinea's Year of Investment 2020 progresses with ongoing projects and virtual engagements. The country is laying the groundwork for downstream diversification and petrochemical focus in 2021.
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Equatorial Guinea's Year of Investment 2020 continues, with a focus on attracting investments despite the challenges posed by COVID-19. Key projects, including the Gas Megahub and a modular refinery, are advancing, with gas supply from the Alen field expected to commence by November 2020.
The Year of Investment will include webinars and a Malabo conference from November 25-26, 2020, facilitating connections with global investors. Looking forward, the country plans to emphasize petrochemicals in 2021. New projects, including the first refinery and LNG regasification plant, are anticipated in Q4 2020, highlighting the shift towards downstream operations as essential for economic resilience.
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