EG Ronda 2016 Moves to Singapore for 3rd Stage of Oil and Gas Licensing Round Promotion
The Equatorial Guinea Oil and Gas Licensing Round announces the next stage of its world tour. On September 20-23, Ministry of Mines and Hydrocarbons officials will visit Singapore to promote exploration opportunities to Asian and Australian investors.
The Equatorial Guinea oil and gas licensing round, EG Ronda 2016, will come to Singapore in September as the Ministry of Mines and Hydrocarbons pushes forward on promoting available blocks. The visit to Singapore will open opportunities for companies in South-East Asia and Australia to take part in the round. H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, said Singapore’s position as a leading energy center in South-East Asia makes it the ultimate venue for EG Ronda.
“We have considerable admiration for what Singapore has accomplished in becoming an important global energy hub,” said H.E the Minister. “It is a model for Equatorial Guinea’s long-term development and a reference point for oil and gas trading in South-East Asia. We look forward to having excellent discussions with organizations in the region.”
During the Singapore visit, the Minister will make a keynote presentation during the CWC LNG & Gas Series: 8th Asia Pacific Summit, to be held September 20-23 at the Grand Hyatt Hotel. The conference will bring together key stakeholders in the gas and LNG supply chain. Equatorial Guinea has a large portfolio of gas projects in operation or under development, including EG LNG and the pioneering Fortuna FLNG development which would be the first of its kind in Africa.
Tanya Crossick, Managing Director of CWC, stated: “CWC Group is delighted to welcome H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, at the 8th World LNG & Gas Series: Asia Pacific Summit. As an important supplier of gas, we look forward to stimulating discussion around new and existing gas supply from Equatorial Guinea and the opportunities that this brings to the global LNG & Gas sector.”
EG Ronda 2016 launched on June 6, 2016 at the Africa Oil & Power conference and will conclude on November 30, 2016. The MMH invites bids on all open acreage outside of blocks under direct negotiation.