Prepared by Moore Insight for the EITI Gabon multi-stakeholder group, this report reconciles payments by extractive companies with revenues received by the government for 2021, and presents contextual data on production, exports and employment.
Production and exports
Oil output reached 73.3 million barrels in 2021, worth US$5,115.2 million; Rabi Blend accounts for 30.5 percent of volumes. Hydrocarbon exports amounted to 66 million barrels (US$4,594.1 million). In mining, manganese output reached 10,229 thousand tonnes and gold output 1,106.32 kilograms.
Weight in the economy and revenues
According to the report, the extractive sector accounted for 23.0 percent of gross domestic product, 3.86 percent of jobs, 93.5 percent of exports and 46.3 percent of government revenue. Revenues generated by the sector amount to CFAF 812,764.2 million, 90.44 percent from hydrocarbons and 9.56 percent from mining.
Key figures from the report
Extractive sector revenues
812,764.2 CFAF million
2021