Africa Oil & Gas: Equatorial Guinea to “Beat” United States in Supplying LNG to Africa

Speaking at the Africa Future Energy dinner held at CERAWeek by IIHS Markit, Equatorial Guinea’s Minister of Petroleum, Gabriel Mbaga Obiang Lima, said that “We are going to beat the U.S. in supplying LNG to African nations.”

Lima, in his customary very entertaining style, said “We are small, but we are smartest! Island people are very smart. You know, like Japan. We are going to beat the Unites States in supplying African nations with LNG.”

Citing the need to bring down expensive import bills for fuel to power African nations, Lima said that the answer is Equatorial Guinean small scale LNG. “We are already working with Togo and Ghana to deliver small scale LNG. We prefer our LNG go to Africa than EU. It saves money for Africans…” source: Petroleum Africa