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Africa · GNQ · OPEC

Equatorial Guinea

A declining OPEC liquids producer with a Punta Europa LNG train.

exporter

Oil production

0.1 mb/d

0.0 mb/d demand

Net oil

+0.0 mb/d

Export surplus

Gas production

5 bcm

Net +4 bcm

O&G rent

22.0%

Fiscal breakeven $50

Oil balance

Production versus demand, 2025, million barrels per day.

Production0.1 mb/d
Consumption0.0 mb/d

Gas balance

Production versus demand, 2025, billion cubic metres.

Production5.0 bcm
Consumption1.5 bcm

Proven oil

1 bn bbl

Gas reserves

0.1 tcm

Refining

0.0 mb/d

LNG

3 bcm export

Hydrocarbon mix

Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).

  • Oil16%
  • Gas84%

Economy

Zafiro is ageing. LNG and methanol are what is left of the rent.

GDP
$0.0 tn
Population
1.8 m
Oil intensity
0.3 bbl /$1k
Oil & gas rent
22.0% GDP
Hydrocarbon trade
-18.0% GDP
Fiscal breakeven
$50 /bbl
$30 oil shock
+46.6 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 +0.1) versus NZE 0.0 mb/d (net +0.0).

Scenario2025203020352050
Stated Policies0.00.00.00.0
Net Zero 20500.00.00.00.0
Current Policies0.00.00.00.0

Same region