Africa · GAB · OPEC
Gabon
OPEC’s forest petrostate. Rabi and the Cap Lopez barrels still clear the budget.
Oil production
0.2 mb/d
0.0 mb/d demand
Net oil
+0.2 mb/d
Export surplus
Gas production
0 bcm
Net -0 bcm
O&G rent
28.0%
Fiscal breakeven $70
Oil balance
Production versus demand, 2025, million barrels per day.
Production0.2 mb/d
Consumption0.0 mb/d
Gas balance
Production versus demand, 2025, billion cubic metres.
Production0.4 bcm
Consumption0.5 bcm
Proven oil
2 bn bbl
Gas reserves
0.0 tcm
Refining
0.0 mb/d
LNG
No LNG
Hydrocarbon mix
Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).
- Oil63%
- Gas37%
Economy
A small population on a mature basin. Gas flare-capture and manganese are the diversification lines.
- GDP
- $0.0 tn
- Population
- 2.5 m
- Oil intensity
- 0.6 bbl /$1k
- Oil & gas rent
- 28.0% GDP
- Hydrocarbon trade
- -16.0% GDP
- Fiscal breakeven
- $70 /bbl
- $30 oil shock
- +104.0 pp GDP
- Club
- OPEC
Projected oil demand
Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.0 mb/d (net +0.2) versus NZE 0.0 mb/d (net +0.1).
| Scenario | 2025 | 2030 | 2035 | 2050 |
|---|---|---|---|---|
| Stated Policies | 0.0 | 0.0 | 0.0 | 0.1 |
| Net Zero 2050 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current Policies | 0.0 | 0.0 | 0.0 | 0.1 |