Wednesday, September 01, 2004

Equatorial Guinea

Equatorial Guinea in 2000 continued to be affected dramatically by an oil boom, fueled by new discoveries in the Gulf of Guinea. No oil was produced there for some time yet by 2000 more than 130,000 bbl a day were being produced, and this was expected to double once the new field, La Ceiba, drilled by the U.S. company Triton Energy, came fully onstream. There were hopes of new finds in deeper


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