Mauritanian elections promise little upstream change
The expected winner of the presidential poll is unlikely to rock the boat for players in the country’s fast-expanding offshore sector
Mauritanians go to the polls on 22 June to elect a new head of state—with the regime candidate, defence minister Mohamed Ould Cheikh Mohamed Ahmed Ould Ghazouani, the overwhelming favourite to clinch victory. As a longstanding close confidant of the outgoing president, Mohamed Ould Abdelaziz, he is expected to maintain the principle lines of current government policy. That should ensure a continued stable framework for the upstream hydrocarbons sector at a time when BP is developing the $1bn Grand Tortue/Ahmeyin (GTA) gas project and there is a marked pick up in exploration interest among other foreign oil companies. Ghazouani, who comes from an important religious and trading family in Assa
Also in this section
23 April 2024
Cheaper Russian barrels and lower overall crude prices have helped cut key oil consumer’s import bills in election year
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis