Senegal and Mauritania Commence Gas Production, Ushering in New Economic Prospects

Date:

Share post:

Senegal and Mauritania have officially joined the league of gas-producing nations with the launch of operations at the Grand Tortue Ahmeyim (GTA) field. This landmark project, which straddles the maritime border between the two West African countries, marks a significant milestone in their economic development journey.

The British energy giant BP, a key stakeholder in the project, announced the start of gas production from the GTA field in a recent press statement. The venture is a collaborative effort involving BP, the U.S.-based Kosmos Energy, Mauritania’s Société Mauritanienne des Hydrocarbures (SMH), and Senegal’s state oil company, Petrosen.

Also, read: Golden Globes 2025: Celebrating Black Excellence and Groundbreaking Wins

Following six years of extensive planning and development, the field’s inauguration has been hailed as “historic” by Senegal’s Oil Minister. The GTA field is expected to produce approximately 2.5 million tonnes of liquefied natural gas (LNG) annually, creating a new revenue stream for both nations.

While the production volumes won’t rival global energy powerhouses like Russia or Qatar, the economic impact for Senegal and Mauritania is poised to be transformative. The revenue generated from the field is projected to run into billions of dollars, providing a significant boost to their economies and paving the way for further development initiatives.

The launch of GTA underscores the region’s growing prominence in the global energy landscape, offering both countries an opportunity to harness their natural resources for sustainable economic growth.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Related articles

John Mahama Sworn in as Ghana’s President, Promises a New Dawn

John Dramani Mahama has officially taken office as Ghana’s president after securing victory in the December elections. The...

Macron Accuses Africans of ‘Ingratitude’ for French Military Aid

French President Emmanuel Macron has drawn sharp criticism from African leaders and activists over comments suggesting a lack...

Chinese Nationals Arrested with Gold Bars and $800,000 in Eastern DR Congo

Authorities in the Democratic Republic of Congo (DRC) have arrested three Chinese nationals in possession of 12 gold...

Nigerian Gospel Icon Nathaniel Bassey to Minister at U.S. Presidential Inaugural Prayer Breakfast

Nigerian gospel singer and pastor Nathaniel Bassey has been invited to minister at the prestigious U.S. Presidential Inaugural...