Energy in Equatorial Guinea is an

industry Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector ...

with plenty of potential, especially in the fields of

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...

and

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...

. However, production has been declining in recent years due to under-investment and lack of new discoveries. In 2022, the country produced less than 100,000 barrels of oil per day (bopd) according to OPEC data. Electricity consumption in Equatorial Guinea in 2015 was 36 kilotonnes of oil equivalent (ktoe). The country produces all of the energy it consumes. As of 2012, renewable energy accounted for 29.2% of the final energy mix. Most of its renewable energy comes from hydropower plants. In October 2012 the

Djibloho Dam The Djibloho Dam is a gravity dam on the Wele River near Djibloho in Wele-Nzas, Equatorial Guinea. The primary purpose of the dam is hydroelectric Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water pow ...

was inaugurated, which added 120 MW to the national generating capacity. The total installed generating capacity in 2014 was an estimated 200 MW; electricity production in 2014 was estimated at 98 Mio. kWh. Electricity is provided by the national electricity company

SEGESA SEGESA (stands for ''Sociedad de Electricidad de Guinea Ecuatorial'') is the national electricity company of Equatorial Guinea, with its head offices in Malabo, Equatorial Guinea. It is the sole operator of the electricity sector of Equatorial Gui ...

. The national oil company is

GEPetrol GEPetrol is the national oil company of Equatorial Guinea. The company was founded in 2002 after the writing of a presidential decree. The company reports to the Ministry of Mines, Industry and Energy. GEPetrol's director is Antonio Oburu Ondo. ...

. Natural gas is exported as

liquefied natural gas Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the vol ...

(LNG) produced by

EG LNG EG LNG (also known as Punta Europa LNG) is a liquefied natural gas (LNG) company that operates an LNG terminal and plant at Malabo, the capital city of Equatorial Guinea located on Bioko Island. The LNG plant began operation in 2007 and the first ...

but also transformed into cooking gas, or LPG, and methanol by Marathon Oil Corporation. The national gas company is

Sonagas Sonagas (''Sociedad Nacional de Gas de Guinea Ecuatorial'') is the Equatorial Guinean national natural gas company. It was formed in 2005. It operates in conjunction with GEPetrol, the nation's principal petroleum company, and EG LNG, the nation ...

References

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