Yakaar-Teranga Gas Project (Senegal)
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Yakaar-Teranga Gas Project is an in development gas project in Senegal.
Yakaar-Teranga is a part of the Yakaar-Teranga complex.
Project Details
Main Data
Table 1: Project-level project details for Yakaar-Teranga Gas Project
Unit name | Status | Operator | Owner | Discovery year | FID* year | Production start year |
---|---|---|---|---|---|---|
Yakaar-Teranga | In development[1][2][3] | Kosmos Energy Ltd.[4] | Kosmos Energy Ltd. (90.0%); Societé des Petroles du Sénégal (Petrosen) (10.0%)[2][5][6][4] | 2016[3] | 2024 (expected)[1][7] | 2026 (expected)[6] |
Production and Reserves
Table 2: Reserves of Yakaar-Teranga Gas Project
Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
---|---|---|---|---|---|
gas | Remaining recoverable reserves | 77561.09 | million m³ | 2022 | [3] |
gas | reserves | 566331.59 | million m³ | 2022 | [5] |
Table 3: Production from Yakaar-Teranga Gas Project
Category | Fuel Description | Quantity | Units | Data Year | Source |
---|---|---|---|---|---|
production design capacity | gas | 5167.78 | million m³/y | 2033 | [3] |
Location
Table 4: project-level location details for Yakaar-Teranga Gas Project
Location | Coordinates (WGS 84) |
---|---|
Offshore, Senegal[8] | 15.221, -18.073 (approximate)[8] |
The map below shows the approximate location of the project:
Background
BP Plc withdrew from the project in 2023 "due to disagreements with the Senegalese government regarding the gas's intended use." The oil and gas major aimed to export gas from the project, while the the Senegalese government "insisted on utilizing it domestically to fuel power plants."[9] The Institute for Energy Economics and Financial Analysis cited Yakaar-Teranga as an example which "highlights a further risk for Africa nations hosting such projects. International oil companies target extraction and export, not the provision of gas to local populations."[10]
Articles and Resources
Additional data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 https://web.archive.org/web/20230206132824/https://energycapitalpower.com/senegal-yakaar-teranga-development-fid-expected-in-2022/. Archived from the original on 06 February 2023.
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(help) - ↑ 2.0 2.1 https://web.archive.org/web/20220809031052/https://www.reuters.com/business/energy/senegal-gas-projects-near-final-investment-decisions-2022-07-13/. Archived from the original on 09 August 2022.
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(help) - ↑ 3.0 3.1 3.2 3.3 https://web.archive.org/web/20230321103822/https://www.offshore-technology.com/marketdata/yakaar-teranga-phase-1-conventional-gas-field-senegal/. Archived from the original on 21 March 2023.
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(help) - ↑ 4.0 4.1 https://web.archive.org/web/20240120065742/https://investors.kosmosenergy.com/news-releases/news-release-details/kosmos-energy-increases-working-interest-and-assumes. Archived from the original on 20 January 2024.
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(help) - ↑ 5.0 5.1 https://web.archive.org/web/20230323014900/https://african.business/2022/09/energy-resources/senegal-seeks-to-cash-in-on-global-dash-for-gas. Archived from the original on 23 March 2023.
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(help) - ↑ 6.0 6.1 https://web.archive.org/web/20240120063135/https://www.worldoil.com/news/2023/11/26/bp-exits-yakaar-teranga-natural-gas-field-offshore-senegal-over-production-export-disagreements/. Archived from the original on 20 January 2024.
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(help) - ↑ https://web.archive.org/web/20240120060636/https://www.energyvoice.com/oilandgas/africa/lng-africa/478810/senegal-bp-lng-fid/. Archived from the original on 20 January 2024.
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(help) - ↑ 8.0 8.1 https://web.archive.org/web/20210919223732/https://www.mees.com/2020/8/7/oil-gas/bps-new-strategy-will-mauritania-make-the-grade/f291f220-d8aa-11ea-b7e4-6bfd9831d0cc. Archived from the original on 19 September 2021.
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(help) - ↑ "BP Exits Senegal Gas Field Amid Dispute Over Utilization". energypeople.com. Retrieved 2024-05-10.
- ↑ "African LNG projects threatened by a global wave of new capacity". ieefa.org. Retrieved 2024-05-10.