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The African energy chamber will hold a roadshow in Beijing for bidding for oil, gas and mining licenses in equatorial guinea

The African energy chamber will hold a roadshow in Beijing for bidding for oil, gas and mining licenses in equatorial guinea

  • Categories:Industry News
  • Author:
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  • Time of issue:2020-03-31 14:57
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The African energy chamber will hold a roadshow in Beijing for bidding for oil, gas and mining licenses in equatorial guinea

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

Johannesburg, South Africa -MediaOutReach - June 13, 2019 - the African energy chamber of commerce will host an investment BBS in Beijing on July 2, 2019 solstice 3, with a focus on giving Chinese and Asian investors access to information on equatorial guinea's EGRonda2019 oil, gas and mining license tenders.BBS will be held at Beijing yansha center kempinski hotel.

 

Earlier this year, the ministry of mines and hydrocarbons in equatorial guinea launched its first ever round of mining license bidding, as well as the country's 2019 oil and gas license bidding.The crucial rounds of bidding have given further impetus to exploration in equatorial guinea and supported the country's economic diversification by developing its high-potential mining and mineral industries.

 

Mineral and hydrocarbon energy secretary H.E.G abrielMbagaObiangLima said: "the BBS in China is the core of the strategy of equatorial guinea, to attract all kinds of investors and enterprises domestic oil and gas exploration and mineral resources.We will showcase the business opportunities from these two licensing tenders and hold private meetings for interested investors.We offer mineral fields with high world class potential and a reformed business environment that makes us competitive internationally.We welcome all stakeholders from China and the region to participate in the roadshow and explore business opportunities in equatorial guinea with us."

 

The Chinese BBS will showcase 27 blocks offered under the 2019 oil and gas license tender, including the assessed development of the eg-23 and eg-27 blocks (the former R block, containing the giant Fortuna gas field), as well as 25 other exploration blocks.BBS will also provide opportunities for Chinese companies to explore equatorial guinea's mineral resources, particularly in the mainland region of the country's coastal province.Although unexplored, the area has great potential for gold, diamonds, base metals, iron ore and bauxite deposits.

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