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Monday, October 2, 2017
Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima, was a keynote speaker at the 3rdUganda International Oil &Gas Summit recently held in Kampala, Uganda. During his address, Lima stressed the importance of cooperation between the two countries.
The Minister called attention to the bilateral agreements between the two countries signed during state visits in 2017 and urged other African countries to cooperate for greater economic growth through the sharing of experience and transfer of technology.
“We want to urge the government of the Republic of Uganda, the Ugandan authorities, companies, workers and the entire Ugandan people to put a lot of emphasis on the issue of national content. That is a priority in the development of the oil sector and of your country,” said the Minister.
He pledged the government of Equatorial Guinea would support Uganda as it seeks to train and develop the local workforce. The Minister recommended that in order to sustainably and quickly develop its oil industry, Uganda should consider entering talks to join the Organization of the Petroleum Exporting Countries. A strong African presence on the table, said H.E. Obiang Lima, will shape the dialogue within OPEC.
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