Kosmos unfazed by Greater Tortue Ahmeyim delay
Postponement of large LNG project does not seem to have derailed Kosmos’ expansion or capex plans
The Greater Tortue Ahmeyim (GTA) LNG project—which straddles the maritime border of Senegal and Mauritania—has suffered delays and is now expected to produce first gas in the first quarter of next year. The project’s 2.5m t/yr first phase had previously been expected to start gas production in the fourth quarter of this year. The LNG development, which had already been delayed from 2022 to 2023 due to the coronavirus pandemic, will eventually help ease some of the pressure on a global gas market that remains squeezed by a loss of Russian supplies and at risk of further price spikes. US independent Kosmos, part of the GTA LNG consortium, confirmed the delays have been to subsea works on the
Also in this section
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust