Interview with Minister for Mines on A Fondo

The Minister for Mines and Hydrocarbons, Gabriel Mbega Obiang Lima, has appeared as a guest on the television programme, A Fondo. The Equatorial Guinea membership of OPEC, and the setting up of the National Committee for the Commercialisation of Hydrocarbons, were the main issues dealt with in the interview.

The director of the programme began the interview by congratulating the Minister for Mines for the entry of our country in the Organisation of Petroleum Exporting Countries (OPEC), significant news which has travelled around the world.

Mbega Obiang Lima began by pointing out the support from the President of the Republic, H. E. Obiang Nguema Mbasogo, and the efforts by the Government to obtain OPEC membership for Equatorial Guinea.

He is always giving us mandates stressing the importance of maintaining the image and the importance of the country”, said the minister, with respect to the will of the Head of State.

The head of Mines also provided important data with respect to entry to the petroleum organisation: normally the period for acceptance for a country’s membership is one to two years. In the case of our country, its candidacy was accepted “immediately, first due to the leadership of Equatorial Guinea…also affected by the Africa-Middle East Summit, and great influence by the approach made by H. E. towards member countries, such as the latest, Saudi Arabia”.

The support of African countries, such as Gabon, Nigeria and Angola, has been essential in order to be accepted by OPEC, the minister also pointed out.

The world oil market is looking at what Equatorial Guinea is doing”, he affirmed.

Before looking at the question of the National Committee for the Commercialisation of Hydrocarbons, the minister answered a question on the pollution factor for the environment caused by the livestock sector, which is greater than petroleum.

Then, the minister went on to explain the creation of this committee, resulting from the need to control the commercialisation due to fluctuations in the market. Sonagas and Gepetrol have promised to report sales made in the sector.

Source: Official Web Page of the Government of the Republic of Equatorial Guinea

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