Senegal eyes global and domestic energy markets
Dakar is keen to meet its own energy needs, even as major export projects near start up
Senegal is poised to enter the LNG export market and to start production at its first offshore oilfield this year or in early 2024. And the West African nation is also taking steps to ensure a portion of its hydrocarbon resources go towards domestic energy needs, rather than being exported entirely. The Sangomar oil development may be delayed slightly. Thierno Seydou Ly, director general of Senegalese NOC Petrosen, says Sangomar is “85pc complete and is set to start production towards the end of 2023 or early next year”. The field’s startup was previously targeted for this year, suggesting there might be some slippage in the timeline. Sangomar will be Senegal’s first offshore field and conta
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