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

Oil production

73.3 million barrels

2021

Extractive sector share of GDP

23.0 %

2021

Extractive sector share of exports

93.5 %

2021

Extractive sector revenues

812,764.2 CFAF million

2021