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Equatorial Guinea Energy Report
February 29, 2012 | Energy Information Administration

“Equatorial Guinea became a significant oil and natural gas exporter with the discovery and development of large offshore oil reserves in the 1990s. As production increased, the country grew by an average real annual growth rate of 26.2 percent from 2001 to 2005, according to the World Bank. Hydrocarbon production is the basis of the country’s economy and consists of crude oil, condensate, natural gas plant liquids, and dry natural gas.


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