Africa Energy

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While oil was first discovered in Gabon in 1953, it was not until the early 1970s that substantial production began. Since then, the exploitation of petroleum reserves has been the dominant generator of revenue for the Gabonese economy, accounting for around 52% of GDP and 58% of government revenues in 2011.

Oil refining has a long history in Gabon. Société Raffinage du Gabon (SOGARA) was the first refinery in Central Africa and has been in production for nearly half a century. In recent years, however, SOGARA has struggled with outdated equipment, limited capacity and an output that is not suited to local demand. Gabon’s refinery has not been able to...

Chapter | Energy from The Report: Gabon 2012

Producing approximately 89m barrels in 2011, Gabon is currently the sixth-largest oil producer in sub-Saharan Africa. While oil production has been on a steady decline since peaking in the late 1990s, offshore and deepwater fields remain largely untapped. Given greater industrialisation, growth is expected to occur in electricity generation, with new generators and three new dams currently under...

Since 1953, when oil was first discovered near Port-Gentil, Gabon’s economy has been dominated by the petroleum industry. According to the BP “Statistical Review of World Energy 2012”, Gabon is the sixth-largest crude oil producer in sub-Saharan Africa and has the region’s fourth-largest proven reserves.

Egypt benefits from a sizable supply of natural resources, including gas reserves that place it amongst the top three producers on the African continent. While a steep rise in domestic demand has increased pressure on producers, prompting a rethink in how the country uses its gas, new gas finds and temporary gas imports will help alleviate concerns.
En dépit des difficultés de l’Algérie à susciter l’intérêt lors d’enchères récentes, le potentiel en gisement de gaz de schiste va augmenter l’attrait déjà important du pays, en particulier si les révisions envisagées pour la loi sur les hydrocarbures sont adoptées.

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