Home » News » Oligui Nguema talks about Cabef issues with Caps president – Journal du Gabon

Oligui Nguema talks about Cabef issues with Caps president – Journal du Gabon

The president of the movement received Wednesday October 24, 2024, the president from the Central African Pipeline System (CAPS) Strategic Partnerships and Funding Committee, Gabriel Mbaga Lima.

Arriving in Libreville to attend the fourth edition of CABEF (Central African Business Energy Forum) to be held between October 23 and 25, 2024, the President of CAPS came to update the Head of State about the challenges. conference to be held under the theme “Natural gas as a key to business and economic acceleration in Central Africa through effective sub-regional institutional integration”.

In fact, this conference that is being held in Gabon will allow them to discuss the validity of the initial summary of the CAPS. A crucial step to immediately launch the detailed studies and the funding necessary for the realization of this integrated project, which is expected to be completed by 2030.

Note that the caps are then aimed at transporting this gas through the regional gas pipeline to countries that do not have it. The challenge in Libreville is to find partners to finance the infrastructure needed to get this gas out of production areas and towards consumers.

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