On Monday, 9th January 2017, Gabon, an Organisation of Petroleum Exporting Countries (OPEC) –member state replaced three of its ministers, including the minister of oil.

Pascal Houangni Ambourouet, the new oil minister, replaced Etienne Dieudonne Ngoubou, who defended the government’s interests during a year-long spat with British-based Tullow over an oilfield stake, whereas; Noel Mboumba was given the minister of economy and Edgar Anicet Mboumbou Miyakou, the minister of budget.

The former French colony’s 220,000 barrel per day oil sector has long been dominated by French firm Total, while the United States, Chinese and British firms have made inroads in the Central African country.

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