Equatorial Guinea: Bioko Oil Terminal plans
- 05 Nov 2015
The Ministry of Mines, Industry and Energy has announced a memorandum of understanding (MoU) with Gunvor Group, Nigeria’s Taleveras Group and South Africa’s Strategic Fuel Fund to expand its plans for a crude oil and petroleum products storage tank farm on Bioko Island. In an expansion of the previous project plan, the terminal will incorporate a significant amount of crude oil storage space, as well as storage for petroleum products. The MoU establishes the terms of co-operation between the ministry and the three companies.
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