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  • Will Gabon achieve self-sufficiency in crude oil by 2030?
  • Gabon is also increasing its refining capacity, with plans to expand SOGARA – the country’s sole refinery – from annually processing 1.2 million to 1.5 million tons of crude oil. This expansion could enable Gabon to achieve self-sufficiency in refined petroleum products by 2030.
  • Who is responsible for the retail of petroleum products in Gabon?
  • These include the Gabonese Company for the Storage of Petroleum Products (SGEPP) and Gabon Oil Downstream, which is responsible for retail.
  • Will expanded oil reserves boost Gabon's energy resurgence?
  • Expanded oil reserves will not only enhance Gabon’s significance on the global energy stage, but also contribute towards achieving energy security and new revenues for the country. Gabon’s oil and gas resurgence is being driven by a recent offshore discovery, production increases from existing assets and an ambitious Gas Master Plan.
  • Could Gabon be a major oil hub?
  • If current feasibility studies are favorable, the project could connect up to 125 billion barrels of crude oil and 1.6 trillion cubic feet of natural gas reserves with the global economy by 2030, positioning Gabon at the center of a major regional downstream hub.
  • 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.
  • How much oil does Gabon have?
  • The discovery, with estimated gross recoverable reserves of 5-6 million barrels of oil and approximately 14 million barrels of oil in place, underscores Gabon’s untapped hydrocarbon potential within existing assets.