Senegal's President Faye announces audit of oil, gas, and mining sectors for contract renegotiation.
Senegal's newly elected President Bassirou Diomaye Faye announced an audit of the country's oil, gas, and mining sectors. This follows his campaign promise to renegotiate the terms of oil, gas, and mineral contracts with foreign operators. Key companies operating in Senegal's oil and gas sectors include BP and U.S.-listed Kosmo Energy, leading the development of the Greater Tortue Ahmeyim (GTA) project, Senegal's first liquefied natural gas (LNG) project.
April 03, 2024
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