• The Cameroonian oil marketer Tradex resumed operations in Equatorial Guinea on November 9 after a two-week suspension imposed for regulatory non-compliance.

• The company pledged to address administrative, fiscal, and environmental irregularities and appointed a new interim managing director to restore stability.

• The suspension caused revenue losses, though the financial impact remains unquantified.

Cameroonian oil marketer Tradex has resumed operations in Equatorial Guinea after authorities lifted a two-week suspension imposed on its local unit for regulatory non-compliance. The company announced the restart on November 9, ending the interruption that began on October 23 following an inspection by the Ministry of Hydrocarbons and Mineral Development.

An internal source said the suspension stemmed from “non-conformities in administrative, fiscal, and environmental documentation.” Tradex filed an appeal to the ministry and committed to correcting all identified deficiencies.

Since the suspension, Tradex has launched several compliance initiatives to align its operations with local standards. The company said the disruption affected fuel sales and will likely weigh on full-year performance. “All these days without selling a single liter of fuel will certainly have a significant impact on our results by the end of December 2025,” a company representative said.

Tradex Equatorial Guinea S.A.’s board met in an extraordinary session on November 7 in Douala, chaired by Emmanuel Patrick Mvondo. The board appointed Alain Francis Ngondi Owona as interim managing director, replacing Georges Bassalang Bolembe. The move aims to restore confidence and improve regulatory compliance as Tradex strengthens its regional footprint.

The lifting of the suspension underscores Tradex’s commitment to long-term operations in Equatorial Guinea and its ambition to consolidate its role in fuel distribution and storage across Central Africa. Operating in several countries in the subregion, Tradex seeks to position itself as a key player in the regional energy market and a reliable partner to local authorities.

This article was initially published in French by Amina Malloum

Adapted in English by Ange Jason Quenum