The Senegalese authorities are anxious to preserve the share of future generations and that the exploitation of the gas reserves shared with Mauritania is imminent.
As Senegal begins oil production, international partners continue to flock to the country. A delegation from the African Energy Chamber (AEC) is currently in Dakar, where it has met with Senegal’s Minister of Energy, Oil and Mines, Birame Souleye Diop, and key stakeholders in the oil and gas industry. The aim is to promote cooperation and investment in the sector, according to a press release received by APA on Friday.
Discussions focused on “strategies to increase local potential” to enable Senegalese citizens to benefit directly from their country’s natural resources through greater participation of local companies and workers in the industry.
Senegal’s constitution, revised in 2016, states that natural resources such as oil and gas belong to the people. The new authorities, eager to preserve this share for future generations, have announced the imminent exploitation of gas reserves shared with Mauritania.
At the meeting, AEC stressed the importance of strengthening cooperation between the various stakeholders, including government agencies, international oil companies and local companies. It is convinced that such cooperation is essential to stimulate investment and progress in the sector.
Senegal has been an oil-producing country since June 2024, when the first barrel was produced from the Sangomar oil field, located 100 kilometers off the coast of Senegal and operated by the Australian company Woodside.
With a capacity of 100,000 barrels per day, the Sangomar project not only provides a reliable and affordable source of fuel, but also positions Senegal as a major player in oil production in Africa, according to the AEC.
Meanwhile, the Grand Tortue Ahmeyin (GTA) project looks promising with a first phase production capacity of 2.3 million tons. Operations are scheduled to begin in the fourth quarter of this year, with 95% of the construction work completed. Located on the maritime border between Senegal and Mauritania, the project is being developed by a partnership comprising BP, Kosmos Energy, Petrosen (Senegal) and SMH (Mauritania).
ODL/te/lb/GIK/APA