Gabon’s Directorate General of Economy and Tax Policy (DGEPF) has stated that the country recorded a 5.3% increase in oil production during the first quarter 2020, compared to the same period in 2019. 

The directorate indicated in a report yesterday that oil production recorded an increased up from 2.64 million in 2019 to 2.78 million tons during the same period a year later.

“The work to improve yields in mature fields and the ramp-up of the Simba field explained the increase,” DGEPF published in the report.

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Source: OrientEnergyReview