The third largest crude oil producer in Sub-Saharan Africa

摘要

Within a decade and a half, Equatorial Guinea went from a country with scant 5000b/d petroleum output to a respectable 350,000b/d production level. Somewhere along the way, Equatorial Guinea surpassed the output levels of other Sub-Saharan Africa countries to become the No.3 producer in the region, after Angola and Nigeria. In all, the Gulf of Guinea supplies 25% of the US energy demand. But it wasn't always that way. Oil exploration of Equatorial Guinea - the only Spanish-speaking country in Africa - started before the country gained independence from Spain in 1968.