Equatorial Guinea seeks $300 million oil, LNG prepay deals to fund production revival
January 20, 2026
(World Oil) – Equatorial Guinea, OPEC’s smallest member, has turned to commodity trading companies for prepayment deals on oil and liquefied natural gas to help finance a revival of domestic hydrocarbon production. The Central African nation is looking for $300 million in return for deliveries of crude oil and LNG spread over multiple years, according to people familiar with the matter,
