26, May 2017
Centurion is first African law firm to facilitate an African nation’s entry into OPEC 0
Equatorial Guinea’s bid to join OPEC was accepted by unanimous vote at the 172nd OPEC meeting in Vienna on May 25, 2017.
- Centurion Law Group was tasked by the EG government to lobby for OPEC membership.
- Agreement breaks the mould, with Centurion the first African law firm to facilitate an African nation’s entry into OPEC.
Centurion congratulates the Ministry of Mines and Hydrocarbons for bringing Equatorial Guinea into OPEC, an initiative that demonstrates the massive progress made by the nation since the first oil and gas developments of the 1990s.
At yesterday’s 172nd meeting of the OPEC members, Equatorial Guinea’s Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima met in a closed session with the OPEC ministers, who voted to accept the country’s application to join the bloc. The Ministry of Mines and Hydrocarbons, which employed Centurion’s advocacy and lobbying services, applied to join OPEC in January 2017 and had its application accepted just four months later.
H.E. Gabriel Mbaga Obiang Lima praised Centurion on its work facilitating the negotiations for Equatorial Guinea to join OPEC: “Our nation, and Africa as a whole, needs more companies that are as committed to our collective progress as Centurion. The Government of Equatorial Guinea commends Centurion and its attorneys for their success in helping our nation join OPEC. Equatorial Guinea now stands tall among energy producers worldwide.”
NJ Ayuk, CEO of Centurion, stated: “The OPEC deal is huge for Equatorial Guinea, a country which advocates for African interests and African prosperity, whether in business or diplomacy. Centurion’s purpose is aligned with that of the country and its government, and we are proud of the role that we have played in bringing Equatorial Guinea into OPEC.”
Equatorial Guinea is, as Centurion has always advocated, a place for innovative energy pioneers. The firm has played an active role in bringing investment to Malabo and facilitating the growth of the energy sector. Key developments have included deepwater oil and gas production, LNG exports, methanol production, CNG public transport, and renewable power. In 2017 the Ministry of Mines and Hydrocarbons is working on keystone projects that include a petrochemicals complex (REPEGE), tank farm (Bioko Oil Terminal) and the finalization of the 2016 bidding round (EG Ronda 2016). Equatorial Guinea’s entry into OPEC provides a new framework for cooperation on these and future energy innovations.
H.E. Gabriel M. Obiang Lima and NJ Ayuk will speak at the Africa Oil & Power conference on June 5-7 in Cape Town, where Mr. Ayuk will also launch his new book, Big Barrels: African Oil & Gas and the Quest for Prosperity.
Powered by Cameroon Concord News Group




















26, May 2017
Trump’s son-in-law under FBI scrutiny over alleged Russia ties 0
US President Donald Trump’s son-in-law and his senior adviser Jared Kushner is under scrutiny as part of the FBI’s investigation of alleged Russian meddling in the US presidential election. Kushner is being probed for his interactions with Russian ambassador Sergey Kislyak and a banker from Moscow, US media reported Friday.
Federal investigators believe Kushner has significant information relevant to their inquiry into alleged links between Trump’s campaign team and the Kremlin during the 2016 presidential elections. Trump has repeatedly denied any collusion between his campaign and Russia and has described the investigation as the “greatest witch hunt” in the US history.
Despite Russia’s alleged cyber attacks of Democratic officials during last year’s presidential race to help Trump defeat Hillary Clinton, American intelligence officials have acknowledged there is no evidence that hackers altered the election result.
The White House is currently engulfed in crisis over allegations that Trump asked the sacked FBI chief James Comey to drop the inquiry into links between his ex-national security adviser Michael Flynn and Moscow.
Trump has admitted that Comey’s firing had to do with “the Russian thing,” raising the possibility that his son-in-law might have pushed him to dismiss the FBI chief. “I just fired the head of the FBI. He was crazy, a real nut job,” the Times quoted Trump.
Kushner had also reportedly persuaded Trump to remove Chief White House Strategist Steve Bannon from the National Security Council‘s principals committee in early April. Trump has seemingly assigned Kushner with taking care of Washington’s affairs in the Middle East. Trump has also tasked Kushner, who lacks political experience, with brokering a peace deal between Palestine and Israel. Kushner also traveled to Iraq in April, reportedly trying to get a better picture of the overall situation in that country and show his support for the Iraqi government.
Source: Presstv