President Bassirou Diomaye Faye Celebrates Senegal’s First Oil Production
President Bassirou Diomaye Faye witnessed the production of Senegal’s first barrels of oil on the Sangomar platform, marking a historic milestone for the country in the global and African oil industries.
Addressing the press, President Faye commended the dedication and efforts of those who believed in the potential of Senegal’s sedimentary basin and worked towards its development. He expressed immense pride in the young Senegalese professionals showcasing their expertise on the platform.
“I reiterate my commitment and that of the government to the transparent and equitable management of our natural resources for the benefit of the Senegalese people,” he declared.
After years of dependency in the oil sector, with supplies coming from other countries, Senegal has now joined the ranks of oil-producing nations globally and within Africa.
With reserves estimated at 630 million barrels of crude oil and an initial production rate of 100,000 barrels per day, this project represents a significant stride towards energy sovereignty and a prosperous future for Senegal.
The Sangomar field, located approximately 100 km south of Dakar, is a collaboration between Woodside Energy and the Société des Pétroles du Sénégal (PETROSEN).
This monumental achievement in Senegal’s oil sector is attributed to the personal involvement of President Bassirou Diomaye Faye, who has been instrumental in driving the country’s rapid advancement in this crucial industry, thereby contributing significantly to the growth of the Senegalese economy.
