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Exploitation of oil and gas resources: Senegal awards 2 port concession contracts to the national private sector

22/03/2021
Categories: Raw materials

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The State of Senegal has decided to associate the private sector for the exploitation of oil and gas resources. Thus, two port concession contracts were awarded to national private sector players.

The agreements signed relate to a logistics support terminal for port activities and a liquefied gas terminal. According to the press release published for this purpose, these agreements signed with the Autonomous Port of Dakar constitute a first in the implementation of the local content that President Macky Sall wished to attribute to the national private sector, for the exploitation of oil and gas resources. of our country.
“By coming together in a consortium, the national private sector is following the path traced by the Head of State, who invites them to unite to meet the award criteria. Senegalese employers fully intend to play their role in job creation”, indicates the document. These projects aim to modernize the Port's logistics platform with a long-term investment program of more than 46 billion FCFA.

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