Equatorial Guinea Key Figures
- Population:
- 1.45 million
- GDP growth rate:
- -0.9 %/year
- Energy independence:
- 100%
Data of the last year available: 2021
- Total consumption/GDP:*
- 169 (2005=100)
- CO2 Emissions:
- 2.97 tCO2/capita
- Rate of T&D power losses:
- 10.0%
* at purchasing power parity
View all macro and energy indicators in the Equatorial Guinea energy report
Equatorial Guinea Related News
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Equatorial Guinea Related Research
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Total Energy Consumption
Energy consumption per capita is almost 1.5 toe, including 830 kWh of electricity (2021).
Total energy consumption has fluctuated between 1.8 and 2.2 Mtoe since 2012 (2.1 Mtoe in 2021). It increased ten-fold from 2000, driven by gas consumption in industry, and reached 2.2 Mtoe in 2013. The sharp increase in gas consumption caused a decline in the oil market share from 63% in 2002 to 9% in 2021.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (2021, Mtoe)
Interactive Chart Equatorial Guinea Total Energy Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Equatorial Guinea energy report
Crude Oil Production
Since 2015, production of crude oil and condensates has been decreasing rapidly, by around 14%/year to 6 Mt in 2021 (-60%). 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 2007. 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.
Interactive Chart Equatorial Guinea Crude Oil Production
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
CO2 Fuel Combustion/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.
After a peak at 5.5 MtCO2 in 2012, CO2 emissions from fuel combustion have dropped in line with gas consumption, reaching 4.3 MtCO2 in 2021. Previously, they increased sharply between 2001 and 2012 due to the high development of gas in industry.