Which explains why the Gabonese government continues to support its refinery capacity and recently signed an agreement with Samsung C&T to construct a new refinery in the oil centre Port Gentil that will eventually replace Sogara
Societe d'energie et d'eau du Gabon (SEEG), Gabon Telecom, Societe des Brasseries du Gabon (SOBRAGA), Societe Nationale des Bois du Gabon (SNBG) and Societe Gabonaise de Raffinage (SOGARA
) are among the most significant.
The Chief Executive Officer (CEO) of the Gabonese re fining Company (SOGARA), Reteno Pierre Ndiaye, said here Tuesday that the company would embark on measures to cut costs while increasing production of petroleum products.
He told PANA in an interview that under the new arrangement, SOGARA would narrow its deficit and expand production to meet growing demand.
SOGARA's production in the first six months of the year increased to 610,000 met ric tonnes, Ndiaye said.
Thereafter, Societe Gabonaise de Raffinage (SOGARA
), Gabon Telecom, Societe des Brasseries du Gabon (SOBRAGA), Societe National des Bois du Gabon (SNBG) and Societe d'Energie et d'Eau du Gabon (SEEG) all register turnover of between $164m and $245m a year.