United Kingdom-based oil and gas company New Age African Global Energy has signed an agreement with the Cameroonian government worth GBP1.5 billion (USD2.0 billion) to build a floating liquefied natural gas platform designed to ramp up gas exports from the offshore Etinde gas field.
The gas field is located off the coast of Cameroon’s Anglophone South West region, where separatist militants are currently fighting government forces to attain independence. The agreement was hailed by UK Secretary of State for International Trade Liam Fox as a major boost for the UK economy after Brexit. Fox’s announcement drew widespread condemnation from Anglophone separatist activists and militant groups in Cameroon, who see the agreement as providing funding for the government and, by so doing, supporting the government’s counter-terrorism effort in the Anglophone regions.
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