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The chamber will host the two-day
investor forum at the Kempinski Hotel Beijing on 2-3 July, on behalf of
Equatorial Guinea’s Ministry of Mines and Hydrocarbons.
The biggest names amongst the Chinese
energy industry are confirmed to attend, including companies such as PowerChina
Group, Sinochem, ENN Group, CCCC, CMEC, China Minmetals Corp, China Gas,
Beijing Gas, Jincheng Anthracite Mining Group, PetroChina, Sinoenergy, CNOOC
etc.
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Gabriel
Mbaga Obiang Lima, minister of
mines and hydrocarbons who will be in Beijing next week with his delegation of
senior officials, said, “We look forward to welcoming
Chinese and global stakeholders at the EG Ronda forum in China. This is going
to start our drive to build a successful and profitable mining sector as we
have done with oil and gas.”
“Our mining, oil and gas
industry has one thing that foreign investor treasure which is certainty in the
policies and regulations thanks to the leadership of the President. Operating
for years with a predictable and reliable framework has made our country
competitive and we are going to develop our oil, gas and mining resources to
benefit investors and our people.”
The EG Ronda Licensing Round Roadshow
2019 in Beijing will showcase the 27 oil and gas blocks on offer as part of the
country’s 2019 oil and gas licensing round and promote the high potential that
Equatorial Guinea has in minerals such as gold, diamonds, bauxite and iron ore.
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Obiang Lima will notably be accompanied
by the director general of hydrocarbons and the director general of minerals
and quarry, and hold several private meetings with Chinese investors.
Mickaƫl
Vogel, director of
strategy at the chamber, stated, “Equatorial Guinea has
improved its mining and oil and gas policies to reflect the best international
practices, as well as improving legal certainty for investors. It is no secret
why there is a lot of interest from investors towards our Beijing forum.
“The chamber believes this
will help attract more investments and jobs for to Equatorial Guinea. We expect
Equatorial Guinea’s strategy of outreach and engagement with global markets to
result in very successful licensing rounds this year.”
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