News, perspectives, and research from the African Energy Business School and its practitioner community.
As the world debates the pace of energy transition, Africa's vast natural gas reserves present a unique commercial opportunity that forward-thinking energy entrepreneurs cannot afford to miss.
For decades, Senegal has faced a frustrating paradox: abundant offshore natural resources existing alongside widespread domestic energy poverty. The $7.5 billion Yakaar-Teranga project marks a radical break from this old paradigm. Striking a bold "domestic-first" mandate with operator Kosmos Energy, state-owned Petrosen is leveraging an estimated 25 trillion cubic feet (Tcf) of gas reserves to completely overhaul the country’s economic future. This post breaks down the multi-phase infrastructure vision from deepwater subsea pipelines to the 400 km RGS national network designed to displace costly heavy fuel oil imports, slash consumer power tariffs, and fuel a massive new wave of domestic industrialization. We also look at the high-stakes financial and technical risks the country must navigate to turn this gas-to-power dream into reality by 2029.