Energy in Gabon

  • Gabon looks longer term for oil benefits

    GABON, 2015/12/27 While the hydrocarbons sector continues to account for the majority of Gabon’s export revenues and remains one of the economy’s key drivers, plateauing production has prompted efforts to encourage new exploration, with some early success. After a decline in production from around 370,000 barrels per day (bpd) in 1997 to 236,000 bpd in 2013, oil production held steady last year at 236,000 bpd, according to BP’s “Statistical Review of World Energy” from June, despite the sharp fall in oil prices since mid-2014. Gabon is seeking to stabilise production around 250,000 bpd in the short term through new smaller discoveries and enhanced oil recovery techniques, before doubling production by 2025.

  • African energy environment seems rather dynamic at present

    BOTSWANA, 2013/07/02 Cross Border Data’s African Energy Atlas 2013 has just come out. What does is tell us about the continent’s energy reserves, production and next prospects? This annual publication is largely comprised by a selection of maps detailing everything from major continental rail and road connections, patterns of political risk, energy infrastructure, country-by-country power supply, oil and gas reserves and downstream hydrocarbons markets. Maps are drawn/updated annually by ‘journalist mapmaker’ David Burles and an introductory piece describes the process of production as requiring the application of investigative techniques to obtain even the majority basic data. Data on the continent’s energy environment has been built up using “not only maps, but as well press releases, news statement and good old-fashioned journalistic legwork”.

  • Hydrocarbons code, a new framework

    GABON, 2012/12/09 Gabon has begun to outline some of the principal components of its long-awaited new hydrocarbons code, which aims to refresh the sector’s existing regulation, increase public revenues derived from production and improve the attractiveness of its maturing oil resources. While the specific regulations and incentives of the new code have from now on to be released, Étienne Ngoubou, the minister of mines, energy and petroleum, laid out its largest elements
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