BW energy secures $208m financing for Gabon platform
BW Energy has obtained $208m in lease financing for the Akoum wellhead platform and extended its corporate credit facility.
Gabon is an upper-middle-income economy in Sub-Saharan Africa, with its capital at Libreville. 95.1% of its people had electricity in 2024.
Gabon2024
Sub-Saharan Africa2024
World2024
| Economy | Oil | Coal | Gas | Hydro | Nuclear | Solar, wind & other | Year |
|---|---|---|---|---|---|---|---|
| Gabon | 16.8% | 0.0% | 38.8% | 44.0% | 0.0% | 0.0% | 2024 |
| Sub-Saharan Africa | 5.0% | 42.9% | 14.0% | 29.9% | 2.5% | 4.3% | 2024 |
| World | 2.3% | 34.5% | 21.9% | 14.6% | 9.8% | 12.4% | 2024 |
Share of electricity production by source, latest year available. Shares may not sum to exactly 100% because of rounding and minor sources.
% of population, compared with Sub-Saharan Africa and the world.
| Year | Gabon | World | Sub-Saharan Africa |
|---|---|---|---|
| 2024 | 95.1% | 91.9% | 55.1% |
| 2023 | 94.1% | 91.6% | 53.3% |
| 2022 | 93.5% | 91.3% | 51.5% |
| 2021 | 91.8% | 91.3% | 50.7% |
| 2020 | 91.1% | 90.4% | 48.5% |
| 2019 | 90.3% | 90.1% | 47.2% |
| 2018 | 89.6% | 89.8% | 46.4% |
| 2017 | 86.3% | 88.9% | 43.8% |
| 2016 | 88.1% | 88.1% | 43.8% |
| 2015 | 87.3% | 86.9% | 39.2% |
| 2014 | 87.1% | 86.2% | 38.4% |
| 2013 | 86.4% | 85.7% | 38.0% |
| 2012 | 89.3% | 84.9% | 36.8% |
| 2011 | 88.7% | 84.5% | 35.9% |
| 2010 | 89.3% | 83.5% | 33.3% |
| 2009 | 82.7% | 82.9% | 32.6% |
| 2008 | 82.0% | 82.7% | 32.4% |
| 2007 | 81.3% | 82.0% | 32.5% |
| 2006 | 80.5% | 81.4% | 31.2% |
| 2005 | 81.6% | 80.7% | 29.4% |
| 2004 | 79.2% | 80.0% | 29.4% |
| 2003 | 78.5% | 80.0% | 29.6% |
| 2002 | 77.8% | 79.1% | 27.3% |
| 2001 | 77.2% | 78.7% | 26.2% |
| 2000 | 73.6% | 78.2% | 25.7% |
| 1999 | – | 74.5% | 30.1% |
| 1998 | – | 73.2% | 28.6% |
| 1997 | – | – | 28.4% |
| 1996 | – | – | 28.5% |
| Measure | Latest | Year | World rank |
|---|---|---|---|
| Crude oil production | 239 thousand b/d | 2025 | 33 of 99 |
| Oil consumption | 16 thousand b/d | 2024 | 152 of 216 |
| Gas production | 0.5 bcm | 2024 | 70 of 97 |
| Gas consumption | 0.5 bcm | 2024 | 101 of 126 |
| Electricity generation | 2.6 TWh | 2024 | 139 of 211 |
| Renewable generation | 0.9 TWh | 2024 | 127 of 206 |
| Primary energy consumption | 0.06 quad Btu | 2024 | 148 of 215 |
Source: U.S. Energy Information Administration, International Energy Statistics.
Gabon generated 2.6 TWh of electricity in 2024, 35% of it from low-carbon sources, at 525 grams of CO₂ per kWh.
Source: Ember, yearly electricity data (CC BY 4.0).
CO₂ per person, tonnes, excluding land use.
| Year | Gabon | World | Sub-Saharan Africa |
|---|---|---|---|
| 2024 | 2.05 t | 4.69 t | 0.70 t |
| 2023 | 2.06 t | 4.68 t | 0.70 t |
| 2022 | 2.30 t | 4.67 t | 0.72 t |
| 2021 | 2.26 t | 4.68 t | 0.75 t |
| 2020 | 2.38 t | 4.47 t | 0.73 t |
| 2019 | 2.49 t | 4.70 t | 0.79 t |
| 2018 | 2.45 t | 4.73 t | 0.80 t |
| 2017 | 2.67 t | 4.67 t | 0.80 t |
| 2016 | 3.12 t | 4.65 t | 0.81 t |
| 2015 | 3.16 t | 4.70 t | 0.82 t |
| 2014 | 3.17 t | 4.78 t | 0.86 t |
| 2013 | 3.18 t | 4.81 t | 0.85 t |
| 2012 | 3.19 t | 4.77 t | 0.82 t |
| 2011 | 3.27 t | 4.76 t | 0.82 t |
| 2010 | 3.46 t | 4.67 t | 0.84 t |
| 2009 | 3.28 t | 4.45 t | 0.82 t |
| 2008 | 3.43 t | 4.56 t | 0.89 t |
| 2007 | 3.33 t | 4.59 t | 0.86 t |
| 2006 | 3.78 t | 4.48 t | 0.86 t |
| 2005 | 4.37 t | 4.39 t | 0.89 t |
| 2004 | 4.66 t | 4.28 t | 0.89 t |
| 2003 | 5.31 t | 4.15 t | 0.86 t |
| 2002 | 4.81 t | 4.02 t | 0.84 t |
| 2001 | 5.15 t | 4.01 t | 0.85 t |
| 2000 | 5.18 t | 4.01 t | 0.85 t |
| 1999 | 5.30 t | 3.95 t | 0.85 t |
| 1998 | 5.71 t | 3.98 t | 0.89 t |
| 1997 | 5.12 t | 4.02 t | 0.91 t |
| 1996 | 5.50 t | 4.01 t | 0.90 t |
| 1995 | 5.05 t | 3.99 t | 0.87 t |
586.05 XAF
per US dollar, mid-market reference. 1 XAF = ₦2.272
3.7 kWh/m² today
Open-Meteo forecast, modelled irradiation.
Power plants
6 plants, 447 MW recorded in WRI’s Global Power Plant Database.
Snapshot as of the database’s 2021 release; newer plants are not included. Nameplate capacity, not available generation.
| Plant | Fuel | MW | Since |
|---|---|---|---|
| Poubara | Hydro | 160 | – |
| Owendo | Gas | 77 | – |
| Tchimbele | Hydro | 68 | – |
| Port-Gentil | Gas | 68 | – |
| Kinguele | Hydro | 58 | – |
| Rabi | Oil | 16 | – |
All indicators
| Indicator | Gabon | Year | Sub-Saharan Africa | World |
|---|---|---|---|---|
| Access to electricity % of population | 95.1% | 2024 | 55.1% | 91.9% |
| Access to electricity, rural % of rural population | 51.3% | 2024 | 35.7% | 84.9% |
| Access to electricity, urban % of urban population | 99.0% | 2024 | 82.9% | 97.8% |
| Access to clean fuels and technologies for cooking % of population | 93.0% | 2024 | 22.9% | 75.4% |
| Indicator | Gabon | Year | Sub-Saharan Africa | World |
|---|---|---|---|---|
| Electricity production from coal % of total | 0.0% | 2021 | 42.9% | 34.5% |
| Electricity production from natural gas % of total | 38.8% | 2024 | 14.0% | 21.9% |
| Electricity production from oil % of total | 16.8% | 2024 | 5.0% | 2.3% |
| Electricity production from nuclear % of total | 0.0% | 2021 | 2.5% | 9.8% |
| Electricity production from hydroelectric sources % of total | 44.0% | 2024 | 29.9% | 14.6% |
| Electric power transmission and distribution losses % of output | 18.7% | 2024 | 13.4% | 6.9% |
| Electric power consumption per capita kWh per capita | 1,016 kWh | 2024 | 380 kWh | 3,708 kWh |
| Indicator | Gabon | Year | Sub-Saharan Africa | World |
|---|---|---|---|---|
| Electricity production from renewables, excluding hydro % of total | -10.9% | 2021 | 4.3% | 12.4% |
| Renewable electricity output % of total electricity output | 33.0% | 2021 | 32.6% | 27.8% |
| Renewable energy consumption % of total final energy consumption | 91.3% | 2021 | 70.3% | 19.7% |
| CO₂ emissions per capita (excluding LULUCF) t CO₂e per capita | 2.05 t | 2024 | 0.70 t | 4.69 t |
| CO₂ emissions, total (excluding LULUCF) Mt CO₂e | 5.2 Mt | 2024 | 896.3 Mt | 39,632.7 Mt |
| Energy intensity of primary energy MJ per $2017 PPP GDP | 6.47 MJ/$ | 2021 | 6.14 MJ/$ | 4.54 MJ/$ |
| Indicator | Gabon | Year | Sub-Saharan Africa | World |
|---|---|---|---|---|
| Fuel exports % of merchandise exports | 54.0% | 2023 | 40.9% | 9.5% |
| Oil rents % of GDP | 15.56% | 2021 | 3.80% | 1.36% |
| Natural gas rents % of GDP | 0.27% | 2021 | 0.49% | 0.52% |
| GDP per capita current US$ | 8,263 | 2025 | 1,673 | 14,406 |
| Population, total people | 2.6M | 2025 | 1.3B | 8.2B |
Source: World Bank, World Development Indicators (CC BY 4.0). Latest year available per series.
BW Energy has obtained $208m in lease financing for the Akoum wellhead platform and extended its corporate credit facility.
BW Energy has finalised a $208 million lease agreement and extended its credit facility to support offshore production growth in Gabon.