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Sao Tome President discusses relaunch of oil extraction project with Equatorial Guinea

October 4, 2021

São Tomé (São Tomé and Príncipe), 04 Oct. 2021 (STP-Press) – The São Tomé Head of State, Carlos Vila Nova, touched on the exploration project this Sunday in São Tomé with a special envoy from Ecuador prospects between the two countries.

According to the Defender of the People, Reginaldo Panchedo, who also sent, at the Presidential Palace, a letter from the President of Ecuador, Teodoro Obiang Nguema Mbasogo, whose contents he did not reveal, there are good prospects for exploring the oil between Malabo and São Tomé.

The Ecuadorian envoy who attended, on Saturday, on behalf of its President, the inauguration of the new São Tomé President, Carlos Vila Nova, said that his presence in the country is a testimony of “excellence” in the relations between the two States .

“We are two brother Peoples and we certainly advocate the best for our peoples”, justifying that he does not know the content of the message of the Equato-Guinean Head of State to his São Toméan counterpart.

Malabo and São Tomé have been developing for more than six years, an oil extraction project in the maritime area overlapping the border between São Tomé and Príncipe and Equatorial Guinea.

The two countries, Equatorial Guinea, although most of the country is insular, has a continental shelf unlike São Tomé and Príncipe, an island country located in the Gulf of Guinea, in the sub-region of Central Africa.

End/MD/LM

STP-Press

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