The second phase of the floating Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal is currently being reevaluated with a final investment decision expected by late 2022 or early 2023 Phase 2.
According to Moustapha Bechir, the Director-General of Hydrocarbons at Ministry of Petroleum, Energy, and Mines at Mauritania, the second phase of this project needed to be better optimized as a lot of capital expenditure was allocated towards the first phase.
“We are now reshaping phase two in a bid to better fit the concept and to accelerate it, and maximize the economics of the project,” said Bechir on the sidelines of the Africa Oil Week event in Dubai which was held on 8-11 November 2021 at Madinat Jumeirah.
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“We are targeting to have Final Investment Decision (FID) of this phase by the end of next year (2022) or early 2023, but again it is subject to the optimization that is ongoing now and the “development of the” concept among others,” he added.
First gas from the Greater Tortue Ahmeyim LNG Project
Originally expected in 2022 and later postponed to the first half of 2023, the first gas from the giant Greater Tortue Ahmeyim LNG project, according to the Director-General of Hydrocarbons at Ministry of Petroleum, Energy, and Mines at Mauritania is now slated for late-2023 “after many delays caused by the wake of COVID-19 pandemic and cost inflation.”
The start-up of phase one of the BP-operated project has a planned initial capacity of 2.5 million mt/year. Under phase two, production capacity is expected to double to 5 million mt/year.
