Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry

Senegal, Mauritania agree to cooperate on giant offshore gas field

NOUAKCHOTT (Reuters) - West African neighbours Senegal and Mauritania signed an agreement on Friday, pledging to work together and split production from a giant new cross-border gas field being developed by Kosmos Energy and BP.

The Greater Tortue Complex, which straddles the two countries' maritime boundary, is estimated to hold more than 25 trillion cubic feet of gas. It is due to come online in 2021 with production to be exported via a liquefied natural gas (LNG) facility.

Senegal's President Macky Sall signed the inter-governmental cooperation accord with his counterpart Mohamed Ould Abdel Aziz during a state visit to Mauritania.

"We're doing something important here by pledging that our two states will work in a responsible way and agree to share the resource 50-50," Sall told reporters just before his departure.

Energy companies are pushing further and further west from the waters off established African producers such as Angola, Nigeria and Gabon.

However, in a region where maritime boundaries are often poorly established, the move into new, untapped territory carries the risk of inflaming tensions between neighbours.

An international tribunal ruled last year in favour of Ghana in a border dispute with Ivory Coast that had blocked development of Ghana's multi-billion dollar TEN deepwater project.

"We've signed this accord, without which our resources in the seas would not be exploited. If the two countries are not in agreement, no company can find any bank financing," Sall said.

(Reporting by Kissima Diagana; Writing by Joe Bavier; Editing by Mark Potter)

Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo


Business Trends
In the business of hydrocarbon production, accurate accounting of produced fluids and gases is critical from a process control, management and fiscal perspective.
Editorial Comment
-Adrienne Blume
The US East Coast will send out its first LNG exports in early 2018 as Dominion Energy’s Cove Point LNG export facility in Lusby, Maryland becomes operational.

The New LNG Imperative

Register Now

The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

View on Demand


Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2018 Gulf Publishing Company.