AGP Executive Report
Last update: 30 minutes agoTrade: Indonesia’s embassy in Yaoundé is targeting at least US$19.5 million in deals at Trade Expo Indonesia 2026, with four or more memoranda of understanding expected, mainly on agricultural fertilizers. Equatorial Guinea is among the countries covered by the embassy. Oil Output: Equatorial Guinea’s OPEC crude production slipped by 2,000 barrels per day in September to 45,000 bpd, even as OPEC output rebounded by 920,000 bpd overall. Gas: Punta Europa’s Gas Mega Hub has a supply challenge: Alba, Alen and the planned Aseng tieback are expected to raise feed gas from about 175 million cubic feet per day to more than 300 million, but confirmed supply still falls short of LNG capacity. Shipping: Sweden lifted its detention order on the tanker Sea Owl 1 after Equatorial Guinea confirmed the vessel’s registration and officials reviewed its certificates and crew documents. Regional Economy: Five older CFA-franc coin series lose legal-tender status across CEMAC, including Equatorial Guinea, on November 1; holders will have a one-year exchange period. Equatorial Guinea also made a small positive contribution to CEMAC’s 5.9% rise in economic activity in the second quarter.
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