(Ecofin Agency) - Gabon’s sole oil refinery, the Societe Gabonaise de Raffinage (Sogara) at Port Gentil, has resumed production after a five-day shut down, Sylvain Mayabi, secretary-general of the National Organization of Petrol Employees revealed.
The refinery was shut last week Wednesday as a result of the violence which broke out after President Ali Bongo was declared the election winner on August 27, 2016, Reuters reports.
Discovered in 1965, the 21,000-barrel-per-day refinery began operation in 1967 with a maximum annual processing capacity of around 1.2 million tonnes (8.80 million barrels).
Sogara is jointly owned by the Gabonese government with 25% alongside Total with 43.8%, Shell with 17%, and Agip with 2.5%). The refinery operates at 82% (17,300 bbl/d) of its 21,000 bbl/d capacity and has always processed 100% 28 API Mandji crude that comes by pipeline from the biggest oil production field in Gabon. The crude produces a high fuel oil yield, most of which is exported as Gabonese demand has always been lower than the refinery production capacity.
Aside from processing to export small cargoes, Sogara is focused on supplying the Gabon market.
Anita Fatunji