Gabon energy report

• Oil represents about 25% of the GDP and 65% of total export earnings.
• A new hydrocarbon code was enacted in 2019 to attract investors, assuring much success for the 12^th licensing round.
• Three companies, namely 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.
• Oil production is declining.
• Total energy consumption was multiplied by 3.5 between 2000 and 2010 and has remained stable since then.
• Biomass covers around 3/4 of this consumption.
• Construction of several hydropower projects is planned, but suffering from several years of delays.

• Institutions & Energy Policy

  The Ministry of Petroleum and Hydrocarbons and the Ministry of Energy and Hydraulic Resources share responsibility for the energy sector.

  Gabon is the fourth largest oil producer in Sub-Saharan Africa. The share of oil revenues in the GDP declined between 2012 and 2016 and has been progressing slightly since then (around 28% in 2019, vs 50% in 2012).

• 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

  Oil:

  Oil production has declined by almost 30% since 2010, from 12.4 Mt to around 9 Mt in 2019. It had decreased by 30% between 1997 and 2002, from around 18 Mt to 13 Mt, due to the falling production of the main fields and the decline of reserves.

• Energy Prices

  Electricity:

  Electricity prices are stable for households around US$c 20/kWh (19 in 2019). They fell in 2015 to US$c 18/kWh due to deflation (-0.3%).

• Energy Consumption

  Energy consumption per capita is around 2.4 toe, including 980 kWh of electricity (2018).

  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 (2018, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2018, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Consumption trends by energy source (Mtoe)
• GRAPH 7: Total consumption market share by energy (2018, %)
• GRAPH 8: Final consumption market share by sector (2018, %)

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.

The Gabon energy market data since 1990 and up to 2017 is included in the Excel file accompanying the Gabon country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

• Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO₂ emissions.
• Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
• Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
• Energy Balance: total and per energy.
• Gabon Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Gabon energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO₂ emissions (from fuel combustion).