What does Gabon Power Company do?

Gabon Power Company develops and co-finances projects to provide cost-effective and sustainable energy that supports Gabon’s economic activity. Our projects aim to accelerate the growth of the economy for the benefit of the population and future generations.

What is a natural gas plant in Gabon & Wärtsilä?

Developed by Gabon Power Company in partnership with Wärtsilä under a build-own-operate-transfer IPP model, the plant will primarily utilize natural gas from Gabon’s offshore fields to generate electricity, addressing both growing domestic demand and facilitating regional energy trade.

Who is responsible for the energy sector in Gabon?

The Ministry of Petroleum and Gas and the Ministry of Energy and Hydraulic Resources share responsibility for the energy sector. SEEG, the national electricity and water service company of Gabon, was under a concession to the French company Veolia from 1997.

Can Gabon become a regional energy hub?

As Gabon transitions from oil dependency to cleaner energy, gas-fired power generation will bridge the gap and support the country’s shift. Key infrastructure developments, such as the Owendo plant and floating power solutions, position Gabon for long-term energy security and enhance its potential as a regional energy hub.

How much does a hydropower project cost in Gabon?

The project will cost nearly $12.7 million. Construction of several hydropower projects is planned but there have been several years of delays and search for funding. World Bank studies indicated that Gabon’s nine provinces would require an installed capacity of at least 1,250 mw by 2040.

Will natural gas revolutionize Gabon's energy landscape?

This week, Gabon has taken significant steps toward revolutionizing its energy landscape, marking a crucial moment in the country’s drive to harness natural gas as a key resource for domestic power generation.