Equatorial Guinea's oil investment to top $ 10 bn next year

Oct 08, 2008 02:00 AM

Equatorial Guinea's oil industry has attracted more than $ 9 bn in investment and the figure should exceed $ 10 bn by the end of next year, a government official said.
Twenty-one oil companies now operate in the central African nation, Diosdado Engono Bengono, director-general of hydrocarbons at the Mines and Energy Ministry, told the Africa Upstream oil conference in Cape Town.

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