Rosetta Signs LNG Heads of Terms with Equatorial Guinea Minister of Mining & Hydrocarbons

We are proud to announce that Rosetta (TAQA Arabia's LNG arm) has signed with H.E Gabriel Mbaga Obiang Lima Minister of Mining and Hydrocarbons for Equatiorial Guinea an LNG HoT Joint Venture Agreement.

The development covers the supply of LNG to mainland Equatorial Guinea and neighboring countries and builds on the existing infrastructure in the country, leveraging the Punta Europa Liquefaction Plant (EGLNG) and the state of the art LNG receiving facilities built in Akoga.

The agreement is the first step in transforming Equatorial Guinea to an LNG Hub for West and Central Africa; supplying LNG and enabling energy security in the region.