- Home
- Business
- News
- Equatorial Guinea May Reach Deals With Russia's Gazprom, Lukoil, Rosneft in Oct - Minister
Equatorial Guinea May Reach Deals With Russia's Gazprom, Lukoil, Rosneft In Oct - Minister
Muhammad Irfan Published October 03, 2019 | 11:00 AM
Equatorial Guinea may reach agreements with Russia's energy giants Gazprom, Lukoil and Rosneft at the Russia-Africa Summit, which Sochi will host from October 23-24, Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima told Sputnik
MOSCOW (UrduPoint News / Sputnik - 03rd October, 2019) Equatorial Guinea may reach agreements with Russia's energy giants Gazprom, Lukoil and Rosneft at the Russia-Africa Summit, which Sochi will host from October 23-24, Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima told Sputnik.
Equatorial Guinea will not come to the summit "empty-handed," Lima said, noting that the country's president, Teodoro Obiang Nguema Mbasogo, will attend the event as well.
"So, something is gonna to happen there. And it's looking like, you know, Gazprom, Lukoil, Rosneft all of them, we have three-four days to discuss. So, something will come from that," Lima told Sputnik on the sidelines of the Russian Energy Week forum.
He added that Russia's Novatek had not so far expressed its interest in cooperation on liquefied natural gas (LNG) deliveries to Africa.
The minister told Sputnik in September that Gazprom, Lukoil and Rosneft were showing interest in engaging in exploration of Fortuna gas field in Equatorial Guinea. There have been plans to create a floating LNG facility at the field. Lima said back in September that the licensing round ended on September 27, voicing hope for negotiations with the companies at the Russian Energy Week.
The Russian Energy Week runs from October 2-5 in Moscow. The Rossiya Segodnya International Information Agency is an official media partner of the event.
Related Topics
Recent Stories
National team determined for good performance against New Zealand: Babar Azam
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 18 April 2024
Today Gold Rate in Pakistan 18 April 2024
Saka and Odegaard start for Arsenal, Guerreiro in Bayern midfield
Qatar PM says re-evaluating Israel-Hamas mediation role
Govt spokesperson terms allegations of PTI's Marwat against Saudi Arabia 'heinou ..
Minister appreciate UAE’s support for Pakistan economic challenges
Manchester City v Real Madrid Champions League starting line-ups
MIGA's support Pakistan in attracting foreign investments: Federal Minister for ..
Walker returns to captain Man City for Real Madrid clash
Action taken against price list violations in Khanewal district
DC chairs review meeting of DEG
More Stories From Business
-
EXCHANGE RATES FOR CURRENCY NOTES
2 hours ago -
Foreign exchange rates
3 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 18 April 2024
3 hours ago -
Today Gold Rate in Pakistan 18 April 2024
3 hours ago -
Minister appreciate UAE’s support for Pakistan economic challenges
12 hours ago -
MIGA's support Pakistan in attracting foreign investments: Federal Minister for Finance, Muhammad Au ..
12 hours ago
-
International financial partners to invest $1.8 bln in KP: Advisor
13 hours ago -
Uzbek envoy invites FPCCI leadership to attend Tashkent Int'l Investment forum
14 hours ago -
Women development imperative for sustainable economic prosperity: Lansana Wonneh
14 hours ago -
Finance Minister, highlights geo-economic fragmentation, its impact on Pakistan
14 hours ago -
High Tobacco tax prevails over propaganda, reduces cigarette consumption
16 hours ago -
SECP grants registration to first digital insurer
16 hours ago