E.ON threatens US hold on Equatorial Guinea’s gas


Issue 160 - 04 Apr 2009 | 5 minute read

E.ON Ruhrgas has stolen a march on established US energy companies in Equatorial Guinea by grabbing the lead role in government plans to develop its gas industry, writes A Special Correspondent in Malabo. Germany’s E.ON Ruhrgas says it is looking to Equatorial Guinea as a “cornerstone” in its plans to diversify its sources of gas supply, but a new consortium of European gas players has alarmed US companies already

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