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Equatorial Guinea Seals Deal to Build New Oil Refinery

Summary by The Vaultz News
Equatorial Guinea has taken a significant step towards enhancing its energy sector by signing a Memorandum of Understanding (MoU) with Chinese engineering firm Shanghai SupeZet for the construction of a new oil refinery.  The agreement, finalized in Shanghai by Vice President Nguema Obiang Mangue and SupeZet President Zhang Jinhong, aims to process Equatoguinean crude oil for domestic consumption and position the country as a regional refining h…
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The Vaultz News broke the news in on Friday, May 9, 2025.
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