Nouakchott (UNA-OIC) � West African neighbors Mauritania and Senegal signed an agreement on Friday, pledging to work together and split production from a giant new cross-border gas field being developed by Kosmos Energy and British Petroleum (BP).
The Greater Tortue Complex, which straddles the two countries’ maritime boundary, is estimated to hold more than 25 trillion cubic feet of gas. It is due to come online in 2021 with production to be exported via a liquefied natural gas (LNG) facility.
Senegal’s President Macky Sall signed the inter-governmental cooperation accord with his Mauritanian counterpart Mohamed Ould Abdel Aziz during a state visit to Nouakchott.
We’ve signed this accord, without which our resources in the seas would not be exploited. If the two countries are not in agreement, no company can find any bank financing, President Sall said.
Source: International Islamic News Agency