Gabon Oil And Gas News
rating: 0+–x

Introduction

  • Oil production undergirds Gabon’s economy, accounting for 45 percent of gross domestic product (GDP) and 60 percent of government revenue, according to the World Bank.
  • Aging oil fields are placing pressure on the Gabonese government to increase economic diversification efforts, as oil output has declined by about 34 percent since its peak in 1997. As a result, Gabon has dropped from being the third largest oil producer in sub-Saharan Africa to the sixth
  • Current interest lies in the pre-salt areas in deep water offshore, which is very similar to the prolific Brazil fields

News

{"module":"feed\/FeedModule","params":{"src":"http:\/\/killajoules.wikidot.com\/feed\/pages\/pagename\/blog%3A_start\/tag\/Gabon\/category\/blog\/limit\/10\/t\/My+Blog","module_body":"++++ %%linked_title%%\n* %%description%%"}}

Related Pages

africaandgabongasnewsoil
page revision: 2, last edited: 25 Apr 2012 13:18
Edit Rate (0) Tags History Files Print Site tools + Options
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License