AGP Executive Report
Last update: 9 hours agoGas Markets: Equatorial Guinea joined fellow Gas Exporting Countries Forum members in backing fairer gas pricing, including long-term contracts, and plans for crisis response and protection of energy infrastructure. The Moscow declaration also warned that geopolitical tensions are increasing supply risks and price volatility. Shipping Costs: CMA CGM’s peak-season surcharge applies to China shipments to Equatorial Guinea from October 22: $350 per 20-foot container and $700 per 40-foot container. A separate earlier surcharge may also apply, but the carrier has not clarified whether the fees stack. Offshore Energy: Transocean’s Deepwater Conqueror is set to return to the US Gulf after its Equatorial Guinea assignment, taking on a five-well contract worth $225 million.
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