Senegal’s Minister for Energy and Mines, Hon. Birame Souleye Diop, has announced that the country will review its oil and gas codes ahead of the MSGBC Oil, Gas & Power 2025 Conference and Exhibition, scheduled to take place in Dakar from December 9–10.
The Minister made the disclosure during a press briefing at the African Energy Week (AEW): Invest in African Energies conference in Cape Town, South Africa on Thursday.
“Senegal is currently reviewing all of its codes, as well as developments in the electricity sector, in order to create a framework for industrialization,” Minister Diop stated.
According to him, the revisions will place emphasis on transparency, local content, and ensuring that revenues more directly benefit Senegalese citizens.
Meanwhile, Lamin Camara, Permanent Secretary at The Gambia’s Ministry of Petroleum and Energy, revealed that the country is in the advanced stages of negotiations for well licenses.
“By the time we get to the MSGBC conference, we will announce that we have signed licenses for our oil wells,” Camara said, adding, “We are in the advanced stages of negotiation, which we expect to complete before the conference.”
Source: https:// energynewsafrica.com
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