Gabon Aims To Become LNG Exporter By 2028

Gabon is preparing its infrastructure to become an exporter of liquefied natural gas (LNG) within two years. Périnco is constructing a 500 km pipeline network in southern Gabon to collect gas produced at various locations. Christophe Blanc, Director General of Périnco, stated that the project involves investment and that part of the future plant is currently being assembled in the Middle East. Perenco is undertaking major expansion works to transform the Cap Lopez area into a gas hub. The project will include gas processing, liquefaction, and storage facilities. Néstor Aoure, deputy general manager of Perenco, stated the company has allocated a heavy budget for the project. Rita Yahawi, the project director, confirmed the site will host the processing and storage components. Christophe Blanc, director general of Périnco-Gabon, announced plans to enter the international gas market starting in 2028. The company aims to compete for top international markets by selling to the highest bidders. This strategy is intended to benefit both Périnco and the Gabonese state. The project is being discussed as a means to address security concerns and investor confidence. The source noted uncertainty regarding whether the announcement will effectively reassure American investors.