Matter energy Gabon

What are the main sources of energy in Gabon?

(October 2009) Energy in Gabon comes from two main sources, fossil-fuels and hydroelectricity. Gabon also relies heavily on oil for its export revenues, exporting both crude oil and petroleum. In terms its oil reserves, the country is one of the richest in sub-Sharan Africa, ranking 5th after Nigeria, Angola, Sudan, South Sudan, and Uganda.

Will expanded oil reserves boost Gabon's energy resurgence?

Expanded oil reserves will not only enhance Gabon’s significance on the global energy stage, but also contribute towards achieving energy security and new revenues for the country. Gabon’s oil and gas resurgence is being driven by a recent offshore discovery, production increases from existing assets and an ambitious Gas Master Plan.

What is happening in Gabon's upstream resurgence?

Recent Discoveries and Production Increases A recent milestone in Gabon’s upstream resurgence is the offshore discovery made by BW Energy and Panoro Energy at the DHBSM-2P pilot well on the south extension of the Hibiscus South field.

What is Gabon's gas master plan?

Gas Master Plan: A Strategic Shift Gabon’s Gas Master Plan represents a pivotal shift towards natural gas as a cornerstone of the country’s economic diversification. Historically dominated by oil, Gabon’s economy is set to embrace natural gas as a key pillar of energy security and industrialization.

Does Gabon have a resurgence in oil & gas?

Gabon is currently witnessing a resurgence in its oil and gas sector, catalyzed by a recent offshore discovery and a series of production start-ups led by key industry players.

Can Gabon reposition itself as a 'green superpower'?

And the client he is meeting, who goes by the name of Kamaya, is a lowland silverback gorilla. After years in which its economy depended on oil, Gabon is seeking to reposition itself as a “green superpower”. A rare high-income country in Africa, with a nominal per capita income of $8,600, Gabon wants to diversify as oil reserves dwindle.