Malabo, Equatorial Guinea's capital. The country’s overreliance on spot LNG risks deterring interest in the proposed Fortuna FLNG project. (Wikipedia)
Directional impact on forecast:
Downbeat on LNG exports from Equatorial Guinea
LNG from Equatorial Guinea has capitalised on the recent opportunities presented by the Argentine market. However, the African country’s excessive reliance on spot transactions will present challenges for its LNG exports that could further delay the proposed Fortuna FLNG project.
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