AGP Executive Report
Last update: 11 hours agoShipping Costs: CMA CGM’s new peak-season surcharge reaches $950 per container for qualifying shipments from South China, Hong Kong and Macau to Equatorial Guinea and other West African destinations, adding pressure to import costs. Gas Investment: Chevron has hired EnerMech to prepare a 19-kilometre flowline linking the offshore Aseng gas field to existing infrastructure, supporting plans to bring more gas into production. Economic Outlook: The World Bank estimates Equatorial Guinea’s economy contracted 5.8% in 2025 and expects an average 1% annual decline in 2026 and 2027. Its latest update calls for more jobs beyond oil and gas, including through stronger private businesses and expanded opportunities for women and young people.
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