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What (who) is GEPetrol - definition
GEPetrol
GEPetrol is the national oil company of Equatorial Guinea. The company was founded in 2002 after the writing of a presidential decree.
Examples of use of GEPetrol
1. The members said÷ "Some evidence obtained by the sub committee suggests that GEPetrol may have one or more EG officials as part–owners." The IMF team which went to Malabo this year was equally unhappy about GEPetrol.
2. GEPetrol calls itself an "active partner" with another British company, Incat, which has got a 25–year concession to operate the port.
3. The IMF reported this year that "the amount of the bonuses is confidential". In addition to its concerns over the behaviour of US firms, the Senate committee was much exercised about GEPetrol, the state oil company that holds the 25% share in Marathon‘s LNG plant.