COUNTRIES / GABON

With the recent death of President Omar Bongo, Gabon faces a stark choice between a legacy of corruption and a new chance to give citizens a role in the management of its natural resources. During Bongo's four decades in office, most of Gabon's oil wealth enriched an elite group of his friends and family, while the rest of its people have remained extremely poor.

Though Gabon has endorsed the Extractive Industries Transparency Initiative (EITI), its adherence to the fundamental EITI principle of civil society inclusion has been woefully inadequate. The January arrests of several transparency activists exemplify a longstanding pattern of official harassment against those who have called for more transparency and accountability in the management of Gabon's oil and mining sectors.

Fears abound that the current political transition will conclude with the installation of another Bongo ally or family member without proper elections. But this moment represents a chance for Gabon's leaders and the international community to replace cronyism with accountability and cooperation between government and civil society on issues of natural resource management.

The need for change is especially urgent because Gabon's oil reserves are finite. Oil production has dropped 30% since 2000, while leaders have allowed the non-oil industries to remain underdeveloped, further exposing the national economy to an increasingly volatile natural resources market.

If the post-Bongo Gabon is to avoid even greater damage from the "resource curse," leaders must commit to oil industry transparency. At the same time, France, a close partner to Gabon, must exert its diplomatic and economic influence to hold Gabon to the same standards of disclosure and accountability recently declared by the Sarkozy government for its own practices.

LEARN MORE ABOUT GABON

TRANSPARENCY SNAPSHOT

Coming soon ...

EXTRACTIVE INDUSTRIES

Coming soon ...

COUNTRY INFORMATION

EXTRACTIVE INDUSTRIES
Proven Oil Reserves (Mbbl) 2
Oil Production (bbl/day) 250,000
Oil Revenue $1.9 billion
Oil Consumption (bbl/day) 14,000
Proven Gas Reserves (bcm) 28
Gas Production (mcm) 100
Gas Consumption (mcm) 100
Net Gas Exports (Production minus Consumption) 0
ECONOMIC INDICATORS
GPD $21.4B
GDP per capita $12,252
Human Poverty Index 1 20.4



FEATURED GABON RESOURCES
Revenue Watch Institute Applauds Gabonese Activist Marc Ona for International Environmental Prize