OPEC’s Smallest Member Replaces Oil Minister as Output Dwindles
- Equatorial Guinea names state oil company CEO new minister
- Replaces president son, who is current Opec president
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Equatorial Guinea named Antonio Oburu Ondo as oil minister, replacing one of the president’s son amid dwindling production in Opec’s smallest member.
President Teodoro Obiang Nguema Mbasogo, who has ruled for four decades, signed the decree late on Thursday appointing Ondo, who was serving as chief executive of the central African country’s state oil company GEPetrol. He replaces Gabriel Obiang Lima, who was named minister of economy and planning.