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Senegal is banking its future on the future windfall of gas and oil

2024-03-18T16:37:27.135Z

Highlights: Senegal is banking its future on the future windfall of gas and oil. The exploitation of offshore deposits, which is due to start within a few months, should boost economic growth in the West African country. The identified gas reserves place Senegal 27th in the world and 5th in Africa. LNG is in high demand in Europe since the invasion of Ukraine and the resulting energy crisis... This article is reserved for subscribers. You have 82% left to discover. Flash sale €4.49/month for 12 months I ENJOY IT Already subscribed? Log in.


The exploitation of offshore deposits, which is due to start within a few months, should boost economic growth in the West African country, which will elect a new president on March 24.


If all goes well, in a few months, Dakar will export hydrocarbons.

By mid-2024, gas and oil exploitation of the Sangomar deposit should be launched by the Australian company Woodside Energy.

By the end of the year, a second site, 3,000 meters deep and straddling the waters of Senegal and Mauritania, rich in gas intended to be exported in the form of LNG (liquefied natural gas), will be operated by the British British Petroleum (BP) and the American Kosmos Energy, which will rely on a Chinese company for the construction of the LNG platform.

This deposit called Grand Tortue Ahmeyim, located off the coast of Saint-Louis, could generate 10 million tonnes of LNG per year in 2030. The identified gas reserves place Senegal 27th in the world and 5th in Africa.


A gold mine, for this democracy of 17 million inhabitants, especially since LNG is in high demand in Europe since the invasion of Ukraine and the resulting energy crisis...

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Source: lefigaro

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