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Equatorial Guinea is seeking $300 million in prepaid oil agreements with commodity traders to address financial challenges and declining investments in its oil and LNG sectors. These agreements aim to secure immediate capital for ongoing operations, despite potential limitations on flexibility due to price fluctuations. Additionally, the country has partnered with Chevron for the Aseng Gas Project, which could boost LNG exports and revitalize its energy sector following ExxonMobil's exit in 2024.