The insurance industry in Equatorial Guinea has taken a significant step forward today by His Excellency Don Gabriel Mbaga Obiang Lima the Minister of Mines and Hydrocarbons visiting Lloyd’s of London meeting with various senior representatives during which His Excellency Don Gabriel Mbaga Obiang Lima made a strong case for international oil companies to comply with the local laws. His Excellency Don Gabriel Mbaga Obiang Lima stressed the need to create a financial services sector in general and an insurance sector in particular in Equatorial Guinea which is just one of the many Oil & Gas peripheral service industries that Equatorial Guinea must benefit from when requiring the adherence to local content.
Africa Re remains committed to working with GEPetrol Seguros to make this happen.
Text and Photos: technical communication cabinet.
Publication: Mr. Andrés Moises Bosoka Siale
MINISTRY OF MINES AND HYDROCARBONS