Senegal Will Recalculate Oil and Gas Reserves, but Does Not Want to Scare Investors
The country’s new president, Bassirou Diomaye Fay, decided to conduct an audit of oil and gas reserves as one of his first steps, but immediately hastened to reassure investors, pointing out that they are welcome in Senegal.
Fai noted that the use of the country’s natural resources will receive special attention from the cabinet, while the rights of investors will always be protected.
Let us recall that Senegal’s oil debut is associated with the planned opening of offshore production this year. The project is managed by Woodside Energy WDS. Its capacity is designed for 100 thousand b/d.
