Gabon calls for investment: raw material wealth and opportunities await!

Gabon calls for investment: raw material wealth and opportunities await!

In an urgent appeal, Gabon's President Brice Oligui Nguema invited the USA to invest more in the resource-rich country. During a meeting with US President Donald Trump, Nguema emphasized that Gabon is open to investment and needs significant support to better process raw material reserves at home. He noted that other countries are ready to deploy their capital if the US hesitates. Nguema spoke of the need for win-win, mutually beneficial partnerships to advance Gabon's economic development. Marketscreener reports.

The energy sector in Gabon is the focus of these efforts, as significant investments are necessary to effectively use existing resources. Gabon enjoys international interest due to its rich offshore hydrocarbon reserves, highlighted by extensive investment in sustainable oil and gas processes. These trends are also reflected in the forecasts for the oil and gas market, which is currently worth $8.29 billion and is expected to grow to $12 billion by 2035. The expected annual growth rate (CAGR) between 2025 and 2035 is estimated to be approximately 3.43% , according to WiseGuy Reports.

Growth potential in the energy sector

The Gabonese government encourages foreign investment to strengthen economic growth and energy independence. The energy sector is benefiting from increasing demand for cleaner energy alternatives, particularly liquefied natural gas (LNG). Companies are increasingly adopting innovative technologies such as 3D seismic and improved oil recovery processes, which can increase efficiency and oil recovery rates by 15-20%.

• Rohöl: Wert 2024 geschätzt auf 3,12 Milliarden US-Dollar, bis 2035 auf 4,5 Milliarden US-Dollar.
• Erdgas: Wert 2024 geschätzt auf 2,62 Milliarden US-Dollar, bis 2035 auf 3,7 Milliarden US-Dollar.
• Raffinierte Produkte: Wert 2024 geschätzt auf 1,9 Milliarden US-Dollar, bis 2035 auf 2,6 Milliarden US-Dollar.
• Flüssigerdgas: Wert 2024 geschätzt auf 0,65 Milliarden US-Dollar, bis 2035 auf 1,2 Milliarden US-Dollar.

However, the challenges should not be underestimated. Fluctuating world oil prices as well as environmental regulations and infrastructural restrictions represent hurdles that must be overcome. Nevertheless, major companies such as TotalEnergies and Eni have already made investments in offshore exploration and production facilities, further highlighting the potential of Gabon's energy sector.

Conclusion and outlook

Gabon has the potential to position itself as a leading player in the global oil and gas market, especially if the country makes better use of its resources and attracts the necessary investments. President Nguema has sent a clear message with his call for the US to promote international cooperation, particularly in a sector that will be crucial to Gabon's economic future.