Senegal will start producing crude oil from its offshore Sangomar field in 2023. What modernizations and works have been carried out on the SAR site since 2018?
Will Sénégal become a hydrocarbon giant?
The government’s ambition is, through the Société des pétroles du Sénégal (Petrosen), to turn the country into a future hydrocarbon giant, with export revenues approaching 900bn CFA francs ($1.5bn) over the period 2023-2025, according to national forecasts. A little over forty years after its creation, Petrosen is now in the big league.
What are some big-scale projects in Senegal?
Another large-scale project is the creation in February of the subsidiary Senegal Fertilizer Company (Sefco), which is responsible for building a urea fertiliser production unit with a capacity of 1.2m tonnes per year. This industrial site will be based at the port of Ndayane, south of Dakar.
Is BP monetizing Senegalese and Mauritanian Gas?
BP has carried out a new discovery of gas at sea, Yakaar-1, in 2017, located entirely in Senegalese waters. To monetize Senegalese and Mauritanian gas, BP plans to build a floating liquefied natural gas (LNG) port, located on the border of the two countries.
Who owns Société africaine de Raffinage?
In 2022, Petrosen took a majority stake in Société Africaine de Raffinage, and now holds 93.5% of the refinery. Refining capacity recently increased from 1.2m to 1.5m tonnes per year and the plan is to start processing crude oil from the Sangomar field. It is estimated that the country needs to refine 3m tonnes per year to meet domestic demand.
Why do we invest in gas filling centres in Dakar?
Therefore, we will invest in gas filling centres so that the prices are the same in Dakar and other major cities,” explains Sall. Another large-scale project is the creation in February of the subsidiary Senegal Fertilizer Company (Sefco), which is responsible for building a urea fertiliser production unit with a capacity of 1.2m tonnes per year.