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Ian Lewis
Cape Town
12 January 2018
Follow @PetroleumEcon
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Where did it all go right for Senegal?

Major oil and gas discoveries make the country set to move from speculative play to producer

Just over three years ago, Senegal was in a pack of wannabe African oil states, albeit one with some decent frontier prospects. Now it can boast two separate major hydrocarbons developments, in the SNE and Greater Tortue projects, both seemingly on track towards start up in the early 2020s and supported by an influx of major industry players. This outcome reflects the alignment of several major factors needed to make successful frontier exploration stack up. As a politically stable country with one of the region's better performing economies, a solid legal framework and a stable currency in the CFA franc, Senegal gives oil investors confidence. Better still, the democratically elected presid

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