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OPEC bulletin 11/17

generously to the rich legacy of the Organization through its valu-

able leadership, guidance and know-how in the oil market.

Economy and transport

While the hydrocarbon sector plays a key role in the regional econ-

omy of Libreville, several other industries contribute in steady and

notable fashion to it as well. For example, there are thriving fishing,

sawmill and shipbuilding industries.

Libreville also maintains a large reserve of primary materials,

which help boost the city’s export and trade industries. It presently

ships rubber, cocoa and wood to clients internationally.

In general, the country enjoyed a robust gross domestic prod-

uct of $95.82 billion, while its total export valued at a significant

$25.93bn in 2016, according to OPEC’s 2017

Annual Statistical


The country currently uses the CFA franc, which is

used by five other African countries including fellow

OPEC Member Country, Equatorial Guinea.

Mobility is also a significant pillar supporting the

development of the regional and national economy.

Libreville’s city council and the country’s officials have

remained committed to the issue of expanding and

improving transportation over the years, in order to

facilitate trade and commerce.

Eleven kilometres to the north of the Gabonese

capital is the nation’s largest airport — Libreville

International Airport —which was constructed in 1950.

It is used for passengers, as well as cargo flights. Air

France, Ethiopian Airlines, Royal Air Maroc, Turkish

Airlines and South African Airways are just some of

the carriers that travel to Libreville on a regular basis.

Libreville’s key harbour is located in the port city

of Owendo, forming the capital south-western district.

The port was built in 1988 and continues to serve as a

major port for international trade.

Climate and culture

Libreville observes an annual average temperature of

29° Celsius featuring a typical tropical monsoon cli-

mate. The city’s wet season kicks off in September

and lasts until the end of May, spanning a time period

of nine months. In June, July and August, the climate

becomes drier in general, due to the Benguela Current.

The capital of Gabon enjoys a unique blend of his-

torical and contemporary sites, providing locals, as

well as tourists, with an exquisite experience. Pongara

National Park, Akanda National Park and the National

Museum of Arts and Traditions are just a few of the distinctive

landmarks in Gabon’s capital. Pongara National Park is a 929 sq

km protected parcel of land, which gained prominence for its mas-

sive mangrove forests. It is located near Libreville overlooking the

Atlantic Ocean and the Komo estuary.

French is widely spoken in Libreville, in addition to some local

languages. A number of universities and educational institutions

serve the Gabonese capital, such as Omar Bongo University that

was established in 1970, the Lycée Blaise Pascal de Libreville,

the International School of Gabon Ruban Vert and the American

International School of Libreville, among many others.

These and many other features make Libreville a fascinating,

dynamic city worth a visit. Overlooking the Komo River, Libreville

remains an icon symbolizing the prosperity and progress achieved

so far by the OPEC Member Country.

Market in


Vast Senate building in Gabon’s capital Libreville

is named for President Omar Bongo Ondimba.