Senegals energy hub ambitions gather pace
Two big hydrocarbons projects are heading for FID with Woodside stepping up to take operatorship of the SNE development
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Senegal's efforts to fast-track its first major hydrocarbons developments seem to be paying off. Both the SNE and Tortue/Ahmeyhim projects are on course for a final investment decision (FID) in coming months, with first production expected in the early 2020s.
BP has confirmed that it still planned to make an FID on the Tortue/Ahmeyhim gas development, which is shared with Mauritania and straddles its maritime border, by the end of December. The project moved to the front-end engineering and design (FEED) stage in April, and first gas is due in 2022.
The progress suggests that an agreement thrashed out earlier this year between Senegal and Mauritania, under which they would split early income from Tortue/Ahmeyhim, is holding up. The countries agreed to renegotiate in five years when a clearer picture emerges on the quantities of gas on each side.
The first phase involves the export of 2.5m tonnes a year (t/y) of liquefied natural gas (LNG) via a floating LNG vessel, likely to be supplied by Golar LNG, based on reserves estimated at more than 15 trillion cubic feet.
BP says the project could be expanded to as much as 10m t/y later, if the gas resources are there to support it. BP's partner Ko....