AGP Executive Report
Last update: an hour agoEquatorial Guinea Energy & Gas: Panoro Energy is pushing a farm-out for offshore block EG-01 near existing infrastructure off Equatorial Guinea, targeting two high-graded prospects (Capella and Vega) with combined mean recoverable resources of about 100 million barrels and an estimated $20m–$30m exploration well cost, with drilling eyed for 2028. Regional LNG Market: A new IGU report says global LNG trade hit a record 437m tonnes in 2025 and highlights Africa’s widening LNG export footprint, naming Canada and the new Mauritania/Senegal GTA project as newcomers—expanding beyond Nigeria, Algeria, Egypt, Angola, Cameroon and Equatorial Guinea. Maritime Security & Trade Routes: Morocco and Senegal showcased naval cooperation at International Naval Review 250 in New York, with Equatorial Guinea and other African delegations also expected—while separate reporting flags renewed pressure on key sea lanes around the Red Sea and the Strait of Hormuz, with implications for shipping and energy flows. Agrifood Jobs: A Malabo Montpellier Panel report argues agrifood systems can drive inclusive employment and rural transformation across Africa if policy reforms unlock decent, resilient jobs.
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