Mauritania to hurl its First Liquefied Natural Gas (LNG) Exports in Mid-2024 Minister of Petroleum Mines and Energy Nani Chrougha disclosed
By Abdul Rahman Bangura-
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Speaking at a Climate Change Conference in Dubai (COP28), Chrougha let out the motion is intended to make Mauritania a major global gas producer. The statement arrives at a time when the European Union is…up imports of
LNG in an endeavor to reimburse for the depletion of Russian pipeline gas after the bloc pledged to wean itself off the sanctioned country.
Chrougha said the blastoff of Mauritanian gas exports would furthermore transform the energy market in the entire MSGBC region (Mauritania, Senegal, Gambia, Guinea Bissau, and Guinea Conakry) providing equilibrium between conventional and sustainable energy sources.
“I do not see any conflict or contradiction between the development of gas resources in Mauritania and its desire to develop a green hydrogen industry,” the country’s President Mohamed Ould Cheikh El Ghazouani told the mmeeting in Dubai. He affirmed the right of devolving nations to scour their
natural resources even in the context of global energy transition.
The Mort-West country Energy Minister told incomes developed from gas production would diversify the country’s economy by “creating jobs and new income sources that will stimulate economic growth and provide financial resources for critical development projects.”
Mauritania plans to commence deliveries from its massive Greater Tortue Ahmeyim (GTA) deposit, located on the maritime border with Senegal and estimated to hold 15 trillion cubic feet of gas. The $4.8 billion liquefied natural gas project is operated by the British energy giant BP and the US company
Mauritania’s second-largest BirAllah gas field has also attracted attention from major players in the oil and gas industry, including BP and Kosmos Energy, due to its immense investment potential. Located in the Mauritanian coastal basin, the deposit is estimated to hold 80 trillion cubic feet of gas.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent