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| GEPetrol
was established as the National Oil Company of the Republic of Equatorial
Guinea by Presidential Decree in February 2001, and became operational in
2002. The company has quickly moved to perform its new duties: |
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GEPetrol manages the states participation as a shareholder
and other rights and obligations derived from the CPP (PSCs) signed
before its creation.
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GEPetrol acts as agents for the sales of the States share of hydrocarbons.
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GEPetrol is responsible for the promotion of open acreage within Equatorial
Guinea.
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GEPetrol is responsible for undertaking training programmes to develop the
skills of staff and to provide access to the most advanced technologies,
techniques and knowledge of the oil industry.
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GEPetrol is responsible for environmental policy and implementation.
- GEPetrol may participate, either solely or as a partner with other national or
foreign companies, in exploration and production activities either within
Equatorial Guinea or abroad.
GEPetrol interacts with the Ministry of Mines, Industry and Energy on
a regular basis in order to coordinate the affairs of the industry in
Equatorial Guinea, but is a separate and autonomous body. The Ministry
of Mines, Industry and Energy continues as the overall regulatory and
administrative body for the petroleum industry in Equatorial Guinea.


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| Further
information on GEPetrols commercial activies can be obtained from: |
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GEPetrol
Calle Acacio Mane 39, PO Box 965
Malabo, República de Guinea Ecuatorial.
Tel: +240 09 6769
Fax: +240 09 6692
Attention: Cándido NSUE OKOMO
(The National Director) |
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GEPetrol - London Office
13 Park Place, St James’s
London, SW1A 1LP
United Kingdom
Tel.: +44 (0)207 493 4705 / 76
Fax: +44 (0)207 493 4755 / 80
Email: abeso2001@yahoo.es
Attention: D.Abeso Mba Mbasogo
(Manager GEPetrol London Office)
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