Spotlight | Gabon
Behind Genevan trader Augusta's return to Libreville

The entrance of an oil refinery of Gabonese Refining Company SOGARA in Port-Gentil, Gabon, January 2017.
The entrance of an oil refinery of Gabonese Refining Company SOGARA in Port-Gentil, Gabon, January 2017. © Justin Tallis / AFP
The Swiss trading company Augusta Energy is set to regain the contract to distil SOGARA's atmospheric residue, which it lost in 2020 under the previous Gabonese administration. Under the new deal, the trader has agreed to drop legal proceedings in exchange for $25m in compensation. [...]
Reading time 4 minutes Antoine Rolland

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