Turkey and Senegal sign a strategic energy agreement for oil exploration

Turkey and Senegal have concluded a hydrocarbons cooperation agreement, including oil and gas exploration, production, and trade, strengthening Ankara's ties with emerging African economies.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Turkey is pursuing its expansion in Africa through strategic energy partnerships, thereby consolidating its access to the continent’s natural resources. On October 31, Ankara announced the signing of a hydrocarbons cooperation agreement with Senegal, a new oil producer in West Africa. This agreement covers multiple areas, including the exploration, production, and trade of oil and gas, marking a significant step in Ankara’s strategy to diversify its energy supply sources.

The meeting between Senegalese President Bassirou Diomaye Faye and his Turkish counterpart Recep Tayyip Erdogan resulted in a “memorandum of understanding in the fields of energy and hydrocarbons,” according to Turkish Energy Minister Alparslan Bayraktar in a statement posted on social media. In addition to hydrocarbons, the agreement also provides for collaboration in the fields of renewable energy, critical minerals, and rare earths, sectors of strategic importance to Turkey’s economy.

A strengthened African strategy by Turkey

Ankara is intensifying its partnerships with African countries, such as Somalia, Niger, and now Senegal, to ensure the security of its energy supplies. In 2023, Turkey imported 31.4 million tons of crude oil, while its domestic production remains limited to 4.1 million tons. This strategy responds to Turkey’s growing energy needs, which also require a diversification of sources to reduce its dependence on traditional exporters.

Seismic activities for oil exploration are planned onshore and offshore as part of this agreement with Senegal. Turkish companies, already active in Somalia where they explore territorial waters following the withdrawal of major international companies due to political instability, are encouraged to invest in exploration operations in Senegal. The country could thus become a key player in Turkey’s energy supply.

Strategic interests: uranium, oil, and natural gas

In addition to hydrocarbons, Turkey is interested in Niger’s strategic minerals, including uranium, an essential resource for its nuclear sector. Niger, which recently realigned its alliances toward new partners after the July 2023 coup, is now a potential player for Turkish companies in the mining sector.

West Africa, and particularly Senegal, is also at the heart of Ankara’s energy ambitions. Last June, Senegal officially became an oil producer with the start of its Sangomar oil project, producing 100,000 barrels per day. This heavy oil is already exported to Asian and European markets, solidifying the country’s position as a new African energy player.

Development of Senegal’s gas sector

The imminent start of the Greater Tortue Ahmeyim gas field, located on the border between Senegal and Mauritania, represents a new opportunity for the West African energy sector. This liquefied natural gas (LNG) project, operated in partnership with Mauritania, is expected to produce around 2.3 million tons of LNG per year in its first phase. This new development could offer Turkey an alternative path to diversify its access to gas resources, while consolidating its cooperation with Senegal.

By multiplying its partnerships in Africa, Turkey is pursuing a strategy aimed at securing increasingly crucial energy resources for its rapidly growing economy. The recent African collaborations thus mark a transformative phase in Turkey’s bilateral relations with emerging economies, strengthening its supply network for oil, gas, and strategic minerals.

Donald Trump threatens to escalate US sanctions against Russia, but only if NATO member states stop all Russian oil imports, which remain active via certain pipelines.
The two countries agreed to develop infrastructure dedicated to liquefied natural gas to strengthen Europe's energy security and boost transatlantic trade.
Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.
The Ukrainian president demanded that Slovakia end its imports of Russian crude, offering an alternative supply solution amid ongoing war and growing diplomatic tensions over the Druzhba pipeline.
The United States cuts tariffs on Japanese imports to 15%, while Tokyo launches a massive investment plan targeting American energy, industry, and agriculture.
Brazil’s Cop 30 presidency aims to leverage the Dubai commitments to mobilise public and private actors despite ongoing deadlock in international negotiations.
Brasília has officially begun the process of joining the International Energy Agency, strengthening its strategic position on the global energy stage after years of close cooperation with the Paris-based organisation.
During a meeting in Beijing, Vladimir Putin called on Slovakia to suspend its energy deliveries to Ukraine, citing Ukrainian strikes on Russian energy infrastructure as justification.
Vladimir Putin and Robert Fico met in China to address the war in Ukraine, regional security and energy relations between Russia and Slovakia.
Slovak Prime Minister Robert Fico plans to meet Vladimir Putin in Beijing before receiving Volodymyr Zelensky in Bratislava, marking a diplomatic shift in his relations with Moscow and Kyiv.
The three European powers activate the UN sanctions mechanism against Iran, increasing pressure on the country's oil exports as Tehran maintains high production despite Western measures.
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
First suspect linked to the Nord Stream pipeline explosions, a Ukrainian citizen challenged by Berlin opposes his judicial transfer from Italy.
Ukrainian drones targeted a nuclear power plant and a Russian oil terminal, increasing pressure on diplomatic talks as Moscow and Kyiv accuse each other of blocking any prospect of negotiation.
A Ukrainian national suspected of coordinating the Nord Stream pipeline sabotage has been apprehended in Italy, reigniting a judicial case with significant geopolitical implications across Europe.
Russia continues hydrocarbon deliveries to India and explores new outlets for liquefied natural gas, amid escalating trade tensions with the United States.
Azerbaijani energy infrastructure targeted in Ukraine raises concerns over the security of gas flows between Baku and Kyiv, just as a new supply agreement has been signed.
The suspension of 1,400 MW of electricity supplied by Iran to Iraq puts pressure on the Iraqi grid, while Tehran records a record 77 GW demand and must balance domestic consumption with regional obligations.
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.

Log in to read this article

You'll also have access to a selection of our best content.