Equatorial Guinea Energy Information

Equatorial Guinea Energy Research

Equatorial Guinea Total Energy Production & Consumption

Energy consumption per capita is almost 2.1 toe, including 850 kWh of electricity (2022).

Following a decrease in 2019, total energy consumption has increased significantly over the last few years (around 19%/year), reaching 3.5 Mtoe in 2022. Notably, there was a ten-fold increase in consumption from 2000 to 2013, primarily fuelled by gas consumption in industry, culminating in a consumption of 3 Mtoe in 2013. Between 2013 and 2018, total energy consumption fluctuated within a range of 2.6 to 3 Mtoe.

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Source: Equatorial Guinea energy report

Interactive Chart Equatorial Guinea Total Energy Production & Consumption

Source: Global Energy & CO₂ data

Equatorial Guinea Oil Production & Consumption

Since 2012, when it reached 16.6 Mt, the production of crude oil and condensates has been decreasing by around 6%/year, reaching 7.1 Mt in 2022. It increased dramatically following the commissioning of the first field of Alba in 1996 and then the Zafiro field, reaching a peak of 19 Mt in 2005. About 85% of the production is in the form of crude oil and 15% as condensates. Crude oil production comes almost entirely from three fields - Zafiro, Ceiba, and Okume - while condensates come from the Alba field.

Source: Equatorial Guinea energy report

Interactive Chart Equatorial Guinea Crude Oil Production & Consumption

Source: Global Energy & CO₂ data

Interactive Chart Equatorial Guinea Refined Oil Products Production & Consumption

Source: Global Energy & CO₂ data

Equatorial Guinea Natural Gas Production & Consumption

In the past two years, the marketed production of gas has experienced a notable rebound, growing at a rate of 18%/year and reaching 8.3 bcm in 2022, which is near its 2017 level. This increase comes after a period of rapid decline between 2017 and 2020 (-9%/year). Gas production saw a significant surge between 2004 and 2013, peaking at 8.6 bcm, and remained roughly stable until 2017.

Source: Equatorial Guinea energy report

Interactive Chart Equatorial Guinea Gas Production & Consumption

Source: Global Energy & CO₂ data

Equatorial Guinea GHG emissions and CO₂ emissions

In its updated NDC (2022), Equatorial Guinea set a GHG emissions reduction target of 35% by 2030 compared to 2010 levels, instead of 20% in the previous NDC. The GHG emissions reduction target for 2050 is unchanged and remains 50%. The national GHG emissions reduction budgets for each sector during 2022-2030 is currently underway.

Source: Equatorial Guinea energy report

Interactive Chart Equatorial Guinea CO₂ emissions

Source: Global Energy & CO₂ data