The refinery operates at 82% (17,300 bbl/d) of its 21,000 bbl/d capacity and has always processed 100% 28 API Mandji crude that comes by pipeline from the biggest oil production field in Gabon. The crude produces a high fuel oil yield, most of which is exported as Gabonese demand has always been lower than the refinery production capacity.
What happened to Gabon’s sole oil refinery?
(Ecofin Agency) – Gabon’s sole oil refinery, the Societe Gabonaise de Raffinage (Sogara) at Port Gentil, has resumed production after a five-day shut down, Sylvain Mayabi, secretary-general of the National Organization of Petrol Employees revealed.
How old is Gabon’s oil & gas industry?
Gabon’s oil and gas industry is older than the country itself. Oil was first discovered near the African nation’s capital of Libreville in 1931 when it was still a French colony. During the 1960s the nation saw a flurry of exploration and production activity, which led to a dramatic increase in production.
How much oil does Gabon have?
Oil reserves 2 billion barrels Oil production 210,000 bopd Gas reserves 26 bcm Gas production 368 mcm Gabon’s oil and gas industry is older than the country itself. Oil was first discovered near the African nation’s capital of Libreville in 1931 when it was still a French colony.
What are the difficulties when refining Gabon’s crude resources?
There are two difficulties when refining Gabon’s crude resources. The first concerns the design of the refinery. We do not possess the necessary equipment to crack the barrel’s residue. The refinery produces so-called white products.
Why is Gabon’s oil industry on the rise?
Gabon’s oil industry is on the rise after facing uncertainty due to price crashes and pandemic disruptions. With renewed interest from investors and regulatory changes, Gabon is making strides towards reaching its ambitious oil production targets. Learn about the key players and strategies driving this resurgence.