Société Nationale Petrolière Gabonaise Explained

Société Nationale Petrolière Gabonaise (SNPG) was the national petroleum company of Gabon.

SNGP was founded in 1979[1] and disbanded in 1987. After that, the country had no national petroleum company until the Gabon Oil Company was established in June 2011.[2]

Operations

The government of Gabon controls petroleum and mineral rights within the state. Gabon's oil reserves are onshore, shallow water and deep water exploration blocks and working fields.

Among the companies involved in contractual oil and gas work in Gabon are Africa Energy, Shell, Elf Gabon/TotalFinaElf, Vaalco Energy and Agip Gabon/ENI.

Crudes:

Major oil fields and operators:

In 1996 Gabon resigned from OPEC, stating that membership in the group was disadvantageous to its oil industry.

Société Gabonaise de Raffinage, known as Sogara, operates an oil refinery in Port Gentil.

See also

External links

Notes and References

  1. Book: Evans, John. OPEC, Its Member States and the World Energy Market. Harlow, Essex, U.K.. Gale Research Co.. 1986. 9780582902671. 197.
  2. Web site: Gabon Energy Profile: Oil Output Declining – Analysis. Eurasia Review. January 18, 2012. May 14, 2022.