Equatorial Guinea Bioko Oil Terminal Set to Transform Country as Energy Hub


The Republic of Equatorial Bioko is set to transform the country’s energy production sector and establish the country as a trading hub for all of West Africa.

The Government of Equatorial recently signed an agreement with Arabian Energy DMCC to collaborate on the tank development, implementation, construction, and financing.

The Bioko is a $500 million project that will serve as the first of its kind storage facility for West Africa.

The Terminal will drive job creation, reduce imports, increase investment, build local capacity, and increase shipments to key export markets from Equatorial Guinea.

The Terminal will consist of 22 storage tanks and will have a total capacity of 1.2 million cubic meters.

Bioko Overview

Location: Island, located 32 km off-shore the West coast of Central Africa is an island of Equatorial Guinea.

Partners: Ministry of Mines, Industries and Energy of Equatorial Guinea, Taleveras Exploration and Production DMCC, Gunvor Group and the Strategic Fuel Fund Association

The Bioko will be a large oil and products storage facility, and its development is spearheaded by the Ministry of Mines, and Energy of Equatorial Guinea. Through the project, the Government aims to establish Equatorial Guinea as the premier storage location in West and Central Africa, and a major transit point for global oil and gas deliveries.


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