• Advertise with Us
Friday, December 8, 2023
  • Login
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Senegal Positions Itself to Export Gas to Europe by 2024

Eunniah MbabazibyEunniah Mbabazi
August 16, 2022
in African News, Energy
Reading Time: 2 mins read
Senegal Positions Itself to Export Gas to Europe by 2024

Senegal is positioning itself as an alternative source of gas for Europe as Russia cuts supplies of the fuel. Before the Russia-Ukraine war, Russia provided as much as 40% of Europe’s gas needs.

Mamadou Fall Kane, deputy permanent secretary of COZ-Petrogas, a government committee that monitors and develops oil and gas projects, says Senegal will be able to sell its quota to Europe, especially Germany, in the second half of 2024.

ADVERTISEMENT

The country projects $1.4 billion of oil and gas revenues from 2023-2025 based on a benchmark price of $90 per barrel. 

Production at Senegal’s Greater Tortue Ahmeyim (GTA) gas project is scheduled to start next year. The offshore field straddling the border between Senegal and Mauritania is set to produce 2.5 million tons of liquefied natural gas in the first phase, which will double to 5 million tons in the second. 

Kosmos Energy Ltd., which is co-developing the GTA field with BP Plc, earlier this month said phase one is 80% complete, with first gas expected in the third quarter of 2023 and first LNG at the end of next year.

See Also:

Angola Trumps Nigeria to Become Africa’s Biggest Oil Producer


Previous Post

Ethiopia Opens its 1st Ever Free Trade Zone

Next Post

470 Tanzanite Miners Lose Permits Over Unpaid Dues

Related Posts

Former Citibank MD Joyce-Ann Wainaina Secures $9 Million Commitment from Mastercard for Chui Ventures

December 7, 2023
1701264966197

Innovation catalysts: Operators shaping the future of Africa’s tech startups

December 6, 2023

Kenya Among States in Global Battery Energy Storage Consortium

December 5, 2023

India Exim Bank to Set Up in Kenya

November 29, 2023

Dangote’s $20B Oil Refinery Set to Launch Operations

November 26, 2023

KenGen to Implement World Bank-Funded Battery Energy Storage System Project

November 24, 2023

Kenya Power Picks Deloitte to Lead Board Shake-Up

November 24, 2023

Kenya Power Posts KSh 3.2 Billion Net Loss As Currency Depreciation Bites

November 18, 2023
Load More
Next Post
Tanzanite

470 Tanzanite Miners Lose Permits Over Unpaid Dues

Follow Us

  • 167.4k Followers
  • 4.1k Subscribers
  • 1.2k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • Advertise with Us

Copyright 2023. The Kenyan Wall Street LTD. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2023. The Kenyan Wall Street LTD. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In