In a global environment of low oil prices, the Emerging Gabon Strategic Plan (Plan Stratégique Gabon Emergent, PSGE) has sought to diversify the economy away from hydrocarbons since 2010. As such, over recent years the Gabonese government has increased development of the hydropower sector, as well as expanding the country’s large natural gas...
At the beginning of July 2016 Gabon rejoined the Organisation of Petroleum Exporting Countries (OPEC) after an absence of more than two decades. This comes as Gabonese authorities look for enhanced coordination with other global oil producers to alleviate some of the pressure of low energy prices and help cultivate an environment more...
What are the main challenges to production and distribution of water and electricity, and what is being done to overcome these issues?
In a global environment of low oil prices, the Emerging Gabon Strategic Plan has sought to diversify the economy away from hydrocarbons since 2010. As such, over recent years the government has increased development of the hydropower sector, as well as expanding the country’s large natural gas supplies. Despite the oil crisis, Gabon remains very much dependent on oil revenues. The government...
An oil-rich equatorial country in West Africa, Gabon’s abundant natural resources have given it one of the highest per capita incomes on the continent, though lower oil revenues has seen growth contract in recent years.
With first production due to begin next year at Kenya’s newly developed oilfields in the north, plans are under way to put in place the necessary transport infrastructure to ship the country’s crude to the eastern coast.
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