On the morning of Wednesday 3rd April, the work of the APPO CAPE VII Congress began at the Palace of Conferences in Sipopo. The President of the Republic, H. E. Obiang Nguema Mbasogo, oversaw the ceremony in the presence of over 700 figures, from 23 African countries.
The APPO General Secretary, Mahaman Laoun Gaya, was the first to speak to reaffirm that countries in the organisation must find a solution to align the greatest petroleum powers and thus contribute to development in Africa. He also warned that the organisation needed special attention to face its challenges, and Gaya stressed that the perspectives were promising, and that food security could also be one of the challenges that should be faced. In addition, he underlined the strength of the institution in order to compete with other partners.
For his part, the OPEC (Organisation of Petroleum Exporting Countries ) General Secretary, Mohammed Sanusi Barkindo, stressed that collaboration was the key to strengthening the organisation, and to develop growth in all petroleum producing countries. Furthermore, he referred to support from the Equatoguinean Minister for Mines and Hydrocarbons, Gabriel Mbega Obiang Lima.
Sanusi Barkindo also mentioned the need for unity on the African continent, United we can all move forward towards the proposed aims; no one can struggle alone. Africa has embarked on South-South Cooperation and together we must all work to improve our organisation, in order to improve the situation, which needs bilateral and multilateral spaces. The values which have existed in the petroleum industry are being transformed. For that reason we need to continue to work in an optimistic way; there must be greater cooperation in order to improve markets and, at the same time, each country must understand the importance of balance with other countries.
An increase in economic cooperation has been achieved, and we are speaking to our consumers in order to focus on the development of our countries, the majority of OPEC countries. It is necessary that countries invest in youth, so that the benefits reach the entire population. Equatorial Guinea is a country of peace and stability, and is a good example to follow of good management. The challenges are huge, but we need a leading country to accompany us”, he concluded.
Source: Equatorial Guinea Press and Information Office