Mixed fortunes in Mauritania—Senegal
Drilling for the gas export project between the two countries has been disappointing
An inter-governmental accord has made a cross-border gas development between Mauritania and northern Senegal more likely. But money-spinning oil finds remain elusive for the joint venture between BP and Kosmos that holds the key licenses in the region. In February, Senegal and Mauritania signed an intergovernmental cooperation agreement covering the share-out of revenues from large gas reserves straddling their maritime border. This prompted Kosmos to say the project, known as Tortue, remained on track for a final investment decision by end-2018. BP, the operator, has told Petroleum Economist that it also expects FID by year-end. The development could hold more than 20 trillion cubic feet, w
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