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
10 September 2024
The August/September issue of Petroleum Economist is out now!
10 September 2024
The third part in the second chapter of our history of oil looks at the US shale revolution and ‘declaration of cooperation’ that created OPEC+
9 September 2024
We pick up the story of the history of oil with the response of consumer countries to the 1973 embargo, with the creation of the IEA proving the adage that every action has a reaction
9 September 2024
Continuing our 90th anniversary deep dive into the history of oil, the first part of our second chapter covers the post-war world and the beginnings of OPEC