At The Oil & Gas Year’s second Strategic Roundtable in Equatorial Guinea 11of the country s top public and private sector officials gathered at the Sofitel Sipopo Le Golf hotel for a closed-door, recorded discussion. Topics included regional integration of Equatorial Guinea’s oil and gas industry, the country’s work as a member of the African Petroleum Producers’ Association, the way forward for new LNG facilities, local content challenges and project financing for domestic companies. The event was sponsored by EGLNG and Marathon Oil, and was held in partnership with the Ministry of Mines, Industry and Energy and Centurion LLP.
The participants were: Ophir Energy general manager Mike Cockman, Caba Business Services general manager Victor King, Marathon Oil director Pat Sanders, Equatorial Guinea LNG commercial deputy director Justino Evuna, PricewaterhouseCoopers manager Raphael Beilvert and Ecobank director general Alfred Kasongo, Deltatek Energy head of admin and government relations Analia Limabuaki, APPA Fund executive director and CEO Babafemi Oyewole, Sonagas technical director Jesus Nsang Nsue and Vaalco country manager Oliver Moss.
The panel discussion coincided with the release of TOGY’s first continental hydrocarbons investment guide Africa Finance & Trading 2014. Moderated by TOGY’s CEO, the Focus on Africa: Strategic Roundtable discussion gathered industry representatives to shed light on the emerging gas frontiers of East Africa and the resurgence of maturing plays on the western part of the continent.
Representing ENH, Mozambique’s national oil company, was chairman Nelson Ocuane. He presented a roadmap for the country’s first LNG exports in 2018 and his company’s aspirations to become an operator within 15 years. Tanzania Petroleum Development Corporation chairman Michael Mwanda stressed the need to encourage the formation of local companies that can cater to the needs of international oil companies in the market. Abdulrazaq Isa, CEO of Nigerian company Waltersmith, highlighted the issue of dealing with subsidies. Another panelist turned the attention towards the difficulties regarding the perception civil society has, especially across the much of the African Continent, of managing natural resources. TOGY’s CEO concluded the session by thanking the various luminaries for the insightful and informative discussion.
