In recent years Senegal has undertaken intensive petroleum explorations that have revealed the existence of commercially exploitable oil and gas resources. The start of oil production and the exploitation of new gas deposits are expected by 2021-2023.
When will oil & gas production start in Senegal?
The production of oil and gas in Senegal is currently expected to start in 2023 for both the GTA and Sangomar projects. This represents a delay compared to the first timeline put forward by companies for both projects which targeted 2021.36,37
Are Senegal’s offshore oil and gas fields ready for 2023 production?
Senegal’s offshore oil and gas fields at Sangomar and Grand Tortue Ahmeyim (GTA) are steaming ahead for new targets of 2023 production on the back of positive reports for their Floating, Production, Storage and Offloading (FPSO) vessels nearing construction.
Is Senegal a natural gas producer?
Senegal appears to be on the verge of becoming a significant producer of hydrocarbons, especially natural gas. The country is already a small-scale natural gas producer. However, between 2014 and 2017, a number of significant oil and gas discoveries were made.