The US Trade and Development Agency will be funding for a feasibility study to develop Senegal’s first major domestic onshore gas pipeline, thus accelerating the West African country’s gas sector
USTDA’s engagement will help the developer – Fonds Souverain d’Investissements Stratégiques (FONSIS), Senegal’s sovereign wealth fund – attract financing to the project.
The feasibility study will recommend a final pipeline route, finalise technical specifications for each segment of the pipeline and define the technical requirements for the front-end engineering and design phase of the project.
Additionally, the study will verify the Senegal’s domestic gas demand and provide updated economic and financial analysis.
“This pipeline will become the backbone of Senegal’s domestic gas sector and help create the infrastructure to supply the country’s power plants and transform its energy sector,” said Todd Abrajano, USTDA chief operating officer and head of agency.
According to the US ambassador to Senegal Tulinabo S. Mushingi, “This system will help Senegal transition its electricity generation to clean, inexpensive natural gas, using its own energy resources.”
Papa Demba Diallo, CEO of FONSIS, said, “Working with PETROSEN and SENELEC and in agreement with the Ministry of Petroleum and Energy, this is a strategic project that will accelerate the use of gas, especially in electricity production, and contribute to lowering the cost of electricity. This will help spur Senegal’s industrial sector and make our companies more competitive.”