Gabon’s Government Approves Tax and Customs Benefits for Karpowership and SUEZ to Address Energy Crisis BODY: Libreville, Gabon — July 23, 2026 — In an effort to combat the ongoing energy crisis, the Gabonese government has approved tax and customs incentives for Karpowership Global DMCC and Groupement SUEZ International.
The move, outlined in the revised finance law promulgated on July 17, 2026, aims to make energy more affordable for households.
The decision comes after Karpowership Global DMCC, a Turkish company, threatened to halt electricity supply to Libreville unless 15 billion FCFA were paid by March 18, 2026.
The company had been providing 150 MW of electricity through a floating power plant, and the agreement between the government, the Société d’énergie et d’eau du Gabon (SEEG), and Karpowership Global DMCC was reached to secure a stable energy supply. Gabon has been addressing an energy sector crisis, prompting the government to seek partnerships with foreign companies to enhance energy supply and infrastructure. This strategic partnership between Gabon and France, encompassing agreements on security, resource transformation, and water and energy sectors, is part of this broader effort.
The tax and customs benefits for Karpowership and SUEZ are part of the new Article 31 in the 2026 Finance Law, which grants these benefits for the project. This measure is intended to ensure a stable energy supply for the country, which has been experiencing instability in its energy sector.
As Gabon continues to rely on foreign companies for energy solutions, the long — term implications of this partnership remain to be seen.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: Agpgabon
Source: Redaction
