Continental Focus, International Reach

Gabon’s Refining Woes

Monday, June 16, 2014

Production from Gabon’s state-run oil refining company has fallen by one-third this year because of disruptions in the supply chain, according to the West African country’s oil minister Dieudonné Ngoubou. The disruptions in production have led to a shortage of fuel for domestic consumption and long lines at petrol stations.

“The problems that we have had in the last week are due to poor organization of the distribution chain,” said Ngoubou on June 13, adding that gas stations would be replenished soon. “We are forced to import 300,000 barrels from Ivory Coast to meet the need.”

“There is nothing. No more gasoline. Everything was emptied yesterday,” Laurent, a petrol pump attendant in the Arambo district near the center of the capital told Reuters.

A new refinery is planned for Gabon with its state-run oil firm GOC signing a contract for a new 60,000 bpd refinery with Samsung C&T.

 


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