Upstream & Gas Systems

SENEGAL’S ROLE IN WEST AFRICA'S EMERGING GAS ECONOMY

ThemeUpstream & Gas Systems

Country / RegionSenegal

Year2026

AuthorsOvercomer Efanga

Summary

Senegal is consolidating its position as one of West Africa's most significant new hydrocarbon producers, anchored by three offshore fields, Yakaar-Teranga, Greater Tortue Ahmeyim (GTA), and Sangomar that together represent over 40 Tcf of gas resource potential. The defining event of 2026 is the state's assumption of full control over Yakaar-Teranga. This is a watershed moment that shifts Senegal's largest undeveloped gas discovery from international-operator-led development to a fully state-led model with all the opportunity and risk that entails.

Key Messages

Senegal has significant gas resource potential, with Yakaar-Teranga, GTA and Sangomar collectively representing over 40 Tcf of potential, providing a strong foundation for long-term gas-led growth.
State control of Yakaar-Teranga marks a strategic turning point, shifting the development of Senegal’s largest undeveloped gas discovery from international-operator-led to a fully state-led model.
The state-led model creates both upside and risk, giving Senegal greater control over domestic gas monetisation and industrialisation, but placing greater responsibility on the government to secure financing, technical capability and timely project execution.

Back to Insights