A socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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Gabriel Mbaga Obiang Lima

Gabriel Mbaga Obiang Lima

Minister of Mines and Hydrocarbons of the Republic of Equatorial Guinea
Biography
Presiding over one of the largest oil and gas markets in Sub-Saharan Africa, the Minister is widely regarded for his incisive leadership and guiding Equatorial Guinea’s energy industry through a resurgence in exploration and production activities.



Working in the oil and gas industry since 1997, his past positions include Minister Delegate, Vice Minister, Secretary of State for Mines and Hydrocarbons, Government Rep. in the Equity of the State in production sharing contracts, and Hydrocarbons Presidential Adviser. He has served as a member of the board of three public energy companies: SONAGAS, SEGESA and GEPetrol.



The Minister – who is a key figure in Africa’s oil and gas sector– has played a significant role in the advancement of Equatorial Guinea’s oil and gas industry, having seen the country become a member of the Organization of Petroleum Exporting Countries (OPEC) in 2017, facilitating the country’s move towards joining the Extractive Industry Transparency Initiative following membership in 2008, and the announcement of the commencement of the oil, gas and mining licensing round at the African Petroleum Producers Organization (APPO) Cape VII Congress.



The Minister also oversaw the signing of Definitive Agreements with major oil and gas companies to monetize gas from the Alen Unit and the set up of a one-stop shop solution which aims to improve ease of doing business for investors in Equatorial Guinea.



Obiang Lima’s ministry also saw an improved economic outlook, a fluctuation of notable projects such as the Fortuna FLNG previously held by Ophir Energy, the creation of a Gas Megahub for gas processing and exports and the participation in LNG2Africa initiatives, the drilling of 11 new wells in the 2018 and early 2019 period – with five platforms already being contracted to perform the drilling of new wells, including greenfield prospects held by ExxonMobil, Kosmos Energy, Marathon Oil and Noble Energy.