Energy and transition economics
2026-04-26
10 minute read
18 sources
Mauritania and Senegal 2026: GTA first cargo, BP and Kosmos cash flow, and the MSGBC basin's 50 Tcf moment
Greater Tortue Ahmeyim shipped its first LNG cargo in early 2025 after a five year delay. The next 18 months decide whether BP, Kosmos, Petrosen, and SMHPM can sanction Phase 2, whether Senegal's Faye and Sonko government renegotiates without breaking the project, and whether the MSGBC basin becomes Africa's third LNG axis after Nigeria and Mozambique.
The Greater Tortue Ahmeyim project produced first gas in December 2024 and shipped its first LNG cargo in February 2025, anchoring a Mauritania, Senegal, Gambia, Guinea Bissau, Conakry (MSGBC) basin holding more than 50 trillion cubic feet of contingent gas resource. BP holds 56 percent of GTA Phase 1, Kosmos Energy 27 percent, Petrosen 1...