Energy storage power generation in Equatorial Guinea

Is gas-fired power generation a viable solution for Equatorial Guinea?

As Equatorial Guinea emerges as a leader in regional gas monetization, gas-fired power generation represents an attractive solution to fulfilling national electrification objectives, while meeting global decarbonization demands.

Does Equatorial Guinea have a gas-to-power plant?

While the Turbogas plant has been Equatorial Guinea’s largest power plant for over a decade, the Ministry of Mines and Hydrocarbons has been pushing to further develop the use of natural gas for local consumption through gas-to-power construction projects.

Could gas-to-power help Equatorial Guinea develop a regional power economy?

For Equatorial Guinea, which enjoys a strategic position in the Gulf of Guinea, gas-to-power offers the potential to anchor the development of a regional power economy. Given its current energy output and relatively small population of 1.4 million, the country has been able to meet domestic energy demand with self-produced power to date.

Why is natural gas important in Equatorial Guinea?

In Equatorial Guinea, natural gas is set to play a major role in not only supporting the country’s drive to increase electricity access, but also fast-tracking industrialization and a transition to cleaner energy sources.

Will Equatorial Guinea build a LNG storage and regasification plant?

In August 2019, Equatorial Guinea announced its plans to develop an LNG storage and regasification plant, to be built at the port of Akonikien on the southern border of the mainland by local contractor Elite Construcciones.

What is Africa Energy series – Equatorial Guinea 2021?

ECP, in partnership with the Ministry of Mines and Hydrocarbons, announced the launch of its Africa Energy Series: Equatorial Guinea 2021 campaign – comprising a report and documentary – that will serve as a critical tool to navigate the energy investment landscape of one of Africa’s more mature petroleum-producing markets.