Gabon energy report

• Oil represents about 20% of the GDP and 70% of total exports earnings.
• A new hydrocarbon code was enacted in 2019 to attract investors, assuring much success for the 12^th licensing round.
• Three companies - Perenco, Assala Energy, and Total - control more than 75% of the oil production.
• SEEG, which was renationalized in 2019, holds the monopoly on power production and distribution.
• More than half of the electricity is produced from gas.
• Half of gas production is still flared.
• Oil production's long decline seems to have stopped with the current upturn.
• Total energy consumption has remained stable since 2010.
• Biomass covers around 3/4 of this consumption.
• Construction of various hydropower projects is planned, but is suffering from several years of delays.

• Institutions & Energy Policy

  The Ministry of Petroleum, Gas, and Mines and the Ministry of Energy and Hydraulic Resources share responsibility for the energy sector.

• Energy Companies

  Gas:

  Perenco dominates natural gas production (average gross production of 50 mcf/d or 0.5 bcm/year) through 5 fields: Ganga, Ozangue, M'Bya, Breme, and Batanga. It supplies the Owendo (Libreville port) and Port-Gentil power stations through a 450 km pipeline.

• Energy Supply

  Resources:

  Gabon is well endowed with energy resources. Proven gas reserves reach 26 bcm (end of 2020) and oil reserves 2 000 mbl. A large share of the reserves is in deep offshore waters. The hydroelectric potential is amongst the highest of the African continent and is estimated at about 5-6 GW. About 85% of the country is covered by forests (23,5 Mha), a little less than 2/3 of which are exploited.

• Energy Prices

  Electricity:

  Electricity prices are stable for households around US$c 20/kWh (19.3 in 2020). They fell in 2015 to US$c 18/kWh due to deflation (-0.3%).

• Energy Consumption

  Primary energy consumption per capita is around 2.3 toe, including 1 005 kWh of electricity (2020).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  Electricity:

  Faced with a planned electricity demand growth of about 6-8%/year, the country aims to reach a power capacity of 1 200 MW in 2022-23. The share of oil and gas will be reduced to 20%, while the share of hydropower will reach 80%. Plans will include new power plants, as well as extension projects.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Gabon energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Consumption trends by energy source (Mtoe)
• GRAPH 7: Total consumption market share by energy (2020, %)
• GRAPH 8: Final consumption market share by sector (2020, %)

In the Gabon energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.