Service companies are cleaning up in this oil industry

Is there oil in The Gambia? While seismic studies have indicated the possible presence of both oil and gas, and the government claims to have irrefutable proof of their existence, exploration is ongoing. For now, the country continues to import 100% of its oil and gas needs. This has led, however, to a thriving storage and distribution sector as companies such as Total and Elton Oil Company enhance their service station networks, providing everything from lubricants to Internet access and, in the process, connecting rural areas.

Gam-Petroleum is building the sub-region’s largest oil and gas storage container facility which is set to boost supply not only in The Gambia but also in neighboring countries, and could become a top West African stopover for refueling on the world’s international shipping routes. The government, for its part, is promoting renewable energy sources; The Gambia has high potential for both solar and wind energy.