Equatorial Guinea To Host Webinar On State Of Oil Markets

The webinar is open to the public and is scheduled for 16:00 SAST on Monday.  

Equatorial Guinea’s Ministry of Mines and Hydrocarbons will host a public webinar on April 27 at 16:00 SAST to discuss the current state of the global and domestic oil industry under the theme, “The State of Oil Markets and Global Rebound.”

Led by H.E. Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima and in partnership with the African Energy Chamber, the webinar will tackle the current challenges being faced by the global oil industry, as well as work toward viable solutions for the recovery of both emerging and established African oil-producing markets.

“The challenges we are facing now are reminiscent of those experienced in the 2014 price crash and, it is because of what happened then and how the global market was able to rebound that I think we are better equipped to take this challenge of the current market down turn and the COVID-19 pandemic head on,” said H.E. Gabriel Mbaga Obiang Lima. 

Topics for discussion include the current state of oil markets, in terms of reductions in global energy demand, the drop in the barrel price, the OPEC+ deal and efforts made by the G20; global rebound and the prioritization of projects in the pipeline; and the future of the industry post-COVID-19, including its impact on initiatives ranging from local content to diversification to regional cooperation.

“The State of Oil Markets and Global Rebound” webinar will be moderated by Concepcion Esuba, Founder of Evicon and Caty Hirst, Africa Oil & Power’s Director of Programming.

To attend the webinar, register here.