Equatorial Guinea striving to become West Africa’s Gas Hub

Equatorial Guinea is transitioning from strategy to execution in its aim to become a regional gas hub. In February 2026, a unitization agreement was signed with Cameroon to jointly develop the Yoyo-Yolanda gas fields, estimated to hold around 2.5 trillion cubic feet of gas. The country is also strengthening domestic supply through a Heads of Agreement with Chevron to expand the Aseng gas project, increasing GEPetrol's stake from 5 percent to over 30 percent. The Punta Europa complex on Bioko Island is central to this strategy.