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Senegal Noticias

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Senegal sets up commission of legal, tax, and energy sector experts to review oil and gas contracts…

Ousmane Sonko speaks after he was appointed prime minister by Senegal's newly-elected President Bassirou Diomaye Faye, in Dakar, Senegal April 2, 2024.President Bassirou Diomaye Faye, who defeated the ruling coalition candidate in a landslide victory in March, ordered an audit of the oil, gas and mining sectors after coming into office, and vowed to renegotiate the terms of contracts with foreign operators in the country if needed.

He said the commission will have sufficient resources to look into the contracts and hire experts from abroad if necessary. He did not say how long the review would take. The move comes soon after Senegal became an oil producer for the first time. Australia’s Woodside Energy, opens new tab and announced in June that its Sangomar oil and gas field had produced its first oil. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.

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