REUTERS/Dado Ruvic/File Photo Purchase Licensing Rights DAKAR, Sept 1 (Reuters) – The second phase of Senegal’s Greater Tortue Ahmeyim (GTA) gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal’s President Macky Sall said on Thursday.
Is Senegal a good place for oil exploration?
A succession of discoveries off the Senegalese coastline since 2014 has made the country attractive to oil exploration companies. BP and U.S.-based company Kosmos are in partnership to develop two fields: the Grand Tortue (GTA) and the Yakaar Teranga hub. The GTA gas field straddles Senegal and Mauritania.
Does BP have a gas field in Senegal & Mauritania?
BP and U.S.-based company Kosmos are in partnership to develop two fields: the Grand Tortue (GTA) and the Yakaar Teranga hub. The GTA gas field straddles Senegal and Mauritania. The Intergovernmental Cooperation Agreement signed between BP, Kosmos, and the governments of Senegal and Mauritania provide for a 50-50 split in revenues.
How much does it cost to build a gas pipeline in Senegal?
Senegal¡¯s convertible production capacity is estimated between 400 MW and 500 MW. Gas pipelines: With a total length of about 472 kilometers, the cost of constructing the network is estimated at around $300 million and will be carried out in several successive phases.