Equatorial Guinea Offers Oil, LNG Prepay Deals to Energy Traders

Bloomberg.com · last updated January 20, 2026 – 4:24 AM

Equatorial Guinea, OPEC’s smallest member, has turned to commodity trading companies for prepayment deals on oil and liquefied natural gas to help finance a revival of domestic hydrocarbon production.

The Central African nation is looking for $300 million in return for deliveries of crude oil and LNG spread over multiple years, according to people familiar with the matter, who asked not to be named because the information isn’t public.

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