GAZPROM SIGNS MOU WITH SONAGAS

Gazprom, the Russian state gas company, has signed a Memorandum of Understanding with Equatorial Guinea’s state gas company Sonagas. The deal also involves privately owned Suntera. It is for the development of future gas projects in the country. A Gazprom delegation, in Equatorial Guinea, met with Teodoro Obiang Nguema Mbasogo, President of Equatorial Guinea, Atanasio Ela Ntugu, Minister of Mines, Industry and Energy, Gabriel Nguema Lima, Vice Minister of Mines, Industry and Energy, and Juan Antonio Ndong Ondo, Director General of Sonagas. Discussions focused on potential joint involvement of Gazprom and Suntera in gas infrastructure, power generation and LNG projects. Suntera is half owned by Russian gas producer Itera.