Gabon is a central African country rich in natural resources. Located on the Atlantic Ocean, it borders Cameroon, Equatorial Guinea, and the Republic of Congo. Abundant petroleum and foreign private investment have helped make Gabon one of the most prosperous countries in Sub-Saharan Africa. Extensive oil resources have been located, both on land and offshore.

In terms of proved recoverable reserves, according to the Oil & Gas Journal (OGJ), Gabon had 2 billion barrels of proven oil reserves as of the end of 2012. The fifth largest oil producer in Africa, it has had strong economic growth over the past decade, driven by its production of oil and manganese. The oil sector has accounted for 80% of exports, 45% of GDP, and 60% of fiscal revenue on average over the past five years. Most of Gabon’s oil fields are located in the Port-Gentil area and are both onshore and offshore.

With the 7th highest HDI and the fourth highest GDP per capita (PPP) in the region. Gabon GDP grew by more than 6% per year from 2010 to 2012. However, because of inequality in income distribution, a significant proportion of the population remains poor.