Gabon's gas reserves: mixed fortunes for upstream operators
The Gabonese upstream industry is turning to monetising around 4 tcf of stranded gas, as oil production matures and material discoveries prove elusive. However, opportunities are scarce and only Perenco has successfully established a gas monetisation plan to date. Additional gas will be required to meet demand, with Total-operated fields in the vicinity of Port-Gentil being the most likely candidates. Shell and Eni will also be exploring monetisation options for the Leopard and Nyonie Deep discoveries.