Equatorial Guinea blames Schlumberger for quitting LNG project

  • Reuters
  • Stock Market News
Equatorial Guinea blames Schlumberger for quitting LNG project
Credit: © Reuters.

CAPE TOWN, June 6 (Reuters) - Equatorial Guinea's energy
minister on Monday said U.S. company Schlumberger SLB.N walked
away from talks with Ophir OPHR.L over the development of the
Fortuna LNG project because it wanted to "monopolise
everything."
But Gabriel Obiang Lima said he was confident the project
would go ahead and be successful, with Equatorial Guinea taking
an equity stake via its state-owned companies.

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