Senegal wants to exploit its gas

Several large-scale projects are underway in Senegal, which is planning a major expansion of its gas sector.

Partagez:

Senegal is planning a major expansion of its gas sector in the coming years. In fact, several large-scale projects are underway.

Several projects in Senegal

Greater Tortue Ahmeyim (GTA), currently under development, is an offshore LNG project on the border of Mauritania and Senegal. The project is being developed jointly by BP and Kosmos Energyy. It is planned that BP will be the operator of this operation. In addition, GTA will require an investment of $5 billion and is expected to be in service in 2024 or 2025.

The project will be developed in several phases. Thus, the second phase will require an investment of $5 billion. After the addition of Phase 2, the facility will be able to supply an additional 5 million tons of gas. The objective is to reach 10 million tons of gas, once the two phases are completed.

The development of this project will provide Senegal, as well as Mauritania, with a new source of domestic energy. Therefore, it will be an additional source of income for both countries.

In parallel, the Senegalese government and BP are in discussions to develop a new domestic gas project. The latter, called Yakaar, would be for domestic use.

Sangomar, another long-awaited gas project, is expected to begin production in the second half of 2023. Senegalese President Macky Sall has stated that phase two of the project will require an investment of $2.5 billion. In addition, the infrastructure will produce approximately 100,000 barrels per day.

Senegal also has the Yakaar-Teranga gas field, which is scheduled to begin production in 2024. Thus, production is estimated at 500 million cubic feet per day.

A growing intention to operate

BP, for its part, is in discussions with Mauritania and Senegal for the next phases of the GTA project. Thus, the company also wishes to develop other projects in both countries.

To date, it is working with the Mauritanian government to develop the BirAllah gas field. The latter is a conventional gas development located in very deep waters in Mauritania. It is owned by BP, Kosmos, the Mauritanian hydrocarbon company and operated by BP Mauritania. In addition, it is currently in the appraisal phase and commercial production is expected to begin in 2028.

The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.
The European Union extends gas storage regulations by two years, requiring member states to maintain a minimum fill rate of 90% to ensure energy security and economic stability amid market uncertainties.
Energy Transfer strengthens its partnership with Chevron by increasing their liquefied natural gas supply agreement by 50% from the upcoming Lake Charles LNG export terminal, strategically aiming for long-term supply security.
Woodside finalises the divestment of a 40% stake in the Louisiana LNG project to Stonepeak, injecting $5.7 billion to accelerate developments and optimise financial returns ahead of first gas delivery scheduled in 2026.
Keranic Industrial Gas seals a sixty-day exclusivity deal to buy Royal Helium’s key assets, raise CAD9.5mn ($7.0mn) and bring Alberta’s Steveville plant back online in under fifteen weeks.
The Irish-Portuguese company Fusion Fuel strengthens its footprint in the United Arab Emirates as subsidiary Al Shola Gas adds AED4.4 mn ($1.2 mn) in new engineering contracts, consolidating an already robust 2025 order book.
Cheniere Energy validates major investment to expand Corpus Christi terminal, adding two liquefaction units to increase its liquefied natural gas export capacity by 2029, responding to recent international agreements.
A study by the International Energy Agency reveals that global emissions from liquefied natural gas could be significantly reduced using current technologies.
Europe is injecting natural gas into underground storage facilities at a three-year high, even as reserves remain below historical averages, prompting maximized imports of liquefied natural gas (LNG).
South Korea abandons plans to lower electricity rates this summer, fearing disruptions in liquefied natural gas supply due to escalating geopolitical tensions in the Middle East, despite recent declines in fuel import costs.
Russia positions itself to supply liquefied natural gas to Mexico and considers expanded technological sharing in the energy sector, according to Russian Energy Minister Sergey Tsivilyov.
Israel has partially resumed its natural gas exports to Egypt and Jordan following a week-long halt due to the closure of two major offshore gas fields, Leviathan and Karish.
Nepal reveals a significant potential reserve of methane in the west of the country, following exploratory drilling conducted with technical support from China, opening new economic prospects.
Petronas formalizes a memorandum with JOGMEC to secure Japanese LNG deliveries, including a first cargo from LNG Canada scheduled for July at Toho Gas.
Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.
TotalEnergies and QatarEnergy have won the Ahara exploration licence, marking a new stage in their partnership with SONATRACH on a vast area located between Berkine and Illizi.
After four years of interruption due to regional insecurity, TotalEnergies announces the upcoming resumption of its liquefied natural gas project in Mozambique, representing a $20bn investment.
The French group has acquired from PETRONAS stakes in several licences covering more than 100,000 km² off Malaysia and Indonesia, consolidating its Asian presence and its exposure to the liquefied natural gas market.
In response to rising summer electricity consumption, Egypt signs import agreements covering 290 shipments of liquefied natural gas, involving major international firms, with financial terms adjusted to the country’s economic constraints.
Egyptian fertilizer producers suspended their activities due to reduced imports of Israeli gas, following recent production halts at Israel's Leviathan and Karish gas fields after Israeli strikes in Iran.