AGP Executive Report
Last update: 2 hours agoShipping Costs: CMA CGM’s peak-season surcharge, effective Nov. 8, reaches $950 per container for qualifying South China shipments to a West African destination group that includes Equatorial Guinea. Gas Infrastructure: Chevron has awarded EnerMech pre-commissioning work on a 19-kilometer flowline linking the offshore Aseng gas field to existing infrastructure, supporting plans to bring gas into production. Economic Outlook: The World Bank says Equatorial Guinea’s economy contracted 5.8% in 2025 and projects average annual contraction of about 1% in 2026 and 2027. It calls for job creation beyond oil and gas, including stronger private businesses and growth in other industries.
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