Gabon aims for investors on pilot flare scheme
Gabon Oil Co. (GOC)
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Gabon is nearing a final investment decision (FID) on a pilot gas flaring project and is keen to bring in partners.
Gabon Oil Co. (GOC) head of gas Yann Yangari said this first project involved micro LNG, creating a virtual pipeline to carry gas to power plants.
“Right now we’re looking for investors who are eager to go on this journey of energy transition,” Yangari said, speaking during IN-VR’s 2cnd Africa Oil, Gas and Energy Summit. The joint venture to oversee the project on the Mboga II licence has not been finalised.