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Senegal joins global chain of Oil producing countries

Senegal
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Senegal is now the World’s newest oil producer. Its Sangomar oil and gas field has produced its first oil.

The field’s operator, Woodside Energy’s CEO Meg O’Neill in a statement said this is historic for Senegal and for Woodside. It marks the start of a new era for the country, where gas production is also due to begin by the end of the year at the Greater Tortue Ahmeyim liquefied natural gas LNG project, operated by BP straddling Senegal’s border with Mauritania.

He noted that first oil from the Sangomar field is a key milestone and reflects delivery against the company’s strategy. Discovered 10 years ago about 62 miles offshore south of the capital Dakar,

Sangomar is expected to produce about 100, thousand barrels per day. A floating production storage and offloading, FPSO vessel for the project arrived in the country in February this year. The company holds 82 percent participating interest in the project, while Senegal’s national oil company Petrosen has 18 percent stake.

Source: Reuters

News – GBC Ghana Online

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