His Excellency Brigadier General Brice Clotaire OLIGUI NGUEMA, President of the Transition, President of the Republic and Head of State of Gabon, recently received a CABEF delegation composed of Chairwoman Nathalie Lum and her team to discuss the Central African pipeline project, the CAPS project. This meeting is of paramount importance for Gabon and the sub-region.

Let’s explore the details of this significant meeting.

The Central African Pipeline Project: The CAPS (Central African Pipeline System) project aims to connect the oil-producing countries of the sub-region, facilitating the efficient transport of natural gas to international and regional markets. With its significant oil and gas reserves, Gabon plays a crucial role in this initiative.

Why Gabon’s Participation is Crucial

Economic Growth: Gabon’s participation in the pipeline project promises notable economic growth. By exporting natural gas through this pipeline, Gabon can attract investments, create jobs, and increase its revenues.

Regional Cooperation: This pipeline will promote cooperation among Central African nations, strengthening ties, promoting stability, and encouraging joint efforts for sustainable development.

Reducing Dependence: Currently, Gabon largely depends on maritime transport for its oil and gas exports. The pipeline offers a major alternative, which will reduce dependence on vulnerable maritime routes.

Reaction of His Excellency

His Excellency Brigadier General Brice Clotaire OLIGUI NGUEMA, President of the Transition, President of the Republic, Head of State of Gabon, expressed his enthusiasm during this meeting. He recognized the immense potential of the project and emphasized Gabon’s commitment to its success.

His positive response bodes well for enhanced collaboration in the sub-region.

The CABEF