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Equatorial Guinea expects increased hydrocarbon investment and production in 2021


By Edith Mutethya in Nairobi, Kenya |
chinadaily.com.cn |
Updated: 2020-12-17 20:00
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Despite the coronavirus pandemic and the subsequent historic fall of oil prices, Equatorial Guinea expects increased investments and hydrocarbon production in 2021.
In a statement released on Thursday, the Ministry of Mines and Hydrocarbons announced a forecast of $1.1 billion in foreign direct investment in 2021. The inflows consist of $832 million in firm commitments and $370 in contingent investments.
The ministry said the renewed investment inflow in the country s hydrocarbons sector will inevitably result in an increase in the country s daily production of oil and gas.
It thus expects a substantial jump in production figures in 2021, along with key drilling activities for new wells in the Trident Energy-operated Block G. ....

Equatorial Guinea , Gabriel Lima , Ministry Of Mines , Trident Energy Operated Block , பூமத்திய ரேகை கினியா , கேப்ரியல் லிமா , அமைச்சகம் ஆஃப் சுரங்கங்கள் , திரிசூலம் ஆற்றல் இயக்கப்படுகிறது தொகுதி ,