Fonds Souverain d’Investissements Stratégiques S.A. (FONSIS) invites submission of qualifications and proposal data from interested United States firm that are capable of executing a feasibility study to support the development of Senegal’s first major domestic onshore gas pipeline.
The gas pipeline is a 135-155-kilometre pipeline that will connect offshore gas fields, initially the Yakaar-Teranga field, to five existing power plants that are being converted to natural gas from heavy fuel oil and four new gas power plants that Senegal expects to construct by the end of 2023.
The pipeline will be between 16 and 24 inches in diameter and will be able to transport at least 2,500 MM cubic metres of gas on an annual basis from 2023 with 30% capacity. The pipeline is intended to reduce the cost of power generation in Senegal and it is to enable the development of a midstream and downstream gas sector in the country. The selected firm will be paid from a $1,287,585 grant from the U.S. Trade and Development Agency.
The aim of the Study is to provide a feasibility study which will include a preliminary Front-end Engineering Design (FEED) and related analysis. This is to enable the project to attract financing and reach financial close. The Study will include the following:
- A baseline environmental and social impact review to inform the placement of the final pipeline route in the Study.
- Finalise specifications for each segment of the pipeline and define the technical requirements for the FEED for the project.
- Identify any right-of-way issues, verify the gas demand, and update the economic and financial analysis.
- A development impact assessment and a U.S. source of supply report.
- Include a U.S. supplier webinar to brief U.S. firms on the Project and provide an overview of the gas sector in Senegal, among others
ABOUT FONSIS
/strong%20invites%20submission%20of%20qualifications%20and%20proposal%20data%20from%20interested%20strongUnited%20States/strong%20firm%20that%20are%20capable%20of%20executing%20a%20feasibility%20study%20to%20support%20the%20development%20of%20Senegal's%20first%20major%20domestic%20onshore%20gas%20pipeline.The%20gas%20pipeline%20is%20a%20135-155-kilometre%20pipeline%20that%20will%20connect%20offshore%20gas%20fields,%20initially%20the%20Yakaar-Teranga%20field,%20to%20five%20existing%20power%20plants%20that%20are%20being%20converted%20to%20natural%20gas%20from%20heavy%20fuel%20oil%20and%20four%20new%20gas%20power%20plants%20that%20Senegal%20expects%20to%20construct%20by%20the%20end%20of%202023.The%20pipeline%20will%20be%20between%2016%20and%2024%20inches%20in%20diameter%20and%20will%20be%20able%20to%20transport%20at%20least%202,500%20MM%20cubic%20metres%20of%20gas%20on%20an%20annual%20basis%20from%202023%20with%2030%%20capacity.%20The%20pipeline%20is%20intended%20to%20reduce%20the%20cost%20of%20power%20generation%20in%20Senegal%20and%20it%20is%20to%20enable%20the%20development%20of%20a%20midstream%20and%20downstream%20gas%20sector%20in%20the%20country.%20The%20selected%20firm%20will%20be%20paid%20from%20a%20$1,287,585%20grant%20from%20the%20U.S.%20Trade%20and%20Development%20Agency.The%20aim%20of%20the%20Study%20is%20to%20provide%20a%20feasibility%20study%20which%20will%20include%20a%20preliminary%20Front-end%20Engineering%20Design%20(FEED)%20and%20related%20analysis.%20This%20is%20to%20enable%20the%20project%20to%20attract%20financing%20and%20reach%20financial%20close.%20The%20Study%20will%20include%20the%20following:ul%20liA%20baseline%20environmental%20and%20social%20impact%20review%20to%20inform%20the%20placement%20of%20the%20final%20pipeline%20route%20in%20the%20Study./li%20liFinalise%20specifications%20for%20each%20segment%20of%20the%20pipeline%20and%20define%20the%20technical%20requirements%20for%20the%20FEED%20for%20the%20project./li%20liIdentify%20any%20right-of-way%20issues,%20verify%20the%20gas%20demand,%20and%20update%20the%20economic%20and%20financial%20analysis./li%20liA%20development%20impact%20assessment%20and%20a%20U.S.%20source%20of%20supply%20report./li%20liInclude%20a%20U.S.%20supplier%20webinar%20to%20brief%20U.S.%20firms%20on%20the%20Project%20and%20provide%20an%20overview%20of%20the%20gas%20sector%20in%20Senegal,%20among%20others/li/ulh3%20style=text-align:%20center;ABOUT%20FONSISa%20href=https://ibekachikwu.com/wp-content/uploads/2020/09/b39b2775-7027-407e-abe7-92c7cf8d4c18.jpgimg%20class=size-medium%20wp-image-2713%20aligncenter%20src=https://ibekachikwu.com/wp-content/uploads/2020/09/b39b2775-7027-407e-abe7-92c7cf8d4c18-300x146.jpg%20alt=%20width=300%20height=146%20//a/h3Created%20in%202012%20with%20the%20mandate%20to%20mobilize%20investment%20for%20strategic%20projects%20aligned%20with%20the%20Plan%20Sénégal%20Emergent%20(“PSE”),%20FONSIS%20is%20Senegal’s%20sovereign%20wealth%20fund.%20The%20Government%20of%20Senegal’s%20medium-%20and%20long-term%20economic%20and%20social%20development%20plan%20to%20accelerate%20its%20progress%20to%20reach%20emerging%20market%20status%20by%202035.It%20manages%20the%20technical%20analysis%20and%20project%20preparation%20of%20the%20projects%20it%20supports%20and%20brings%20the%20project%20to%20financial%20close.%20FONSIS%20has%20developed%20and%20closed%2022%20projects,%20with%20a%20total%20project%20cost%20of%20over%20$650%20million,%20with%20general%20focus%20on%20energy,%20health,%20agribusiness,%20industry%20and%20water%20&%20sanitation.%20FONSIS%20has%20attracted%20both%20private%20sector%20and%20public%20sector%20partners%20and%20investors,%20including%20Development%20Finance%20Institutions%20(“DFIs”)%20such%20as%20the%20International%20Finance%20Corporation%20and%20the%20Islamic%20Development%20Bank.”){kind=link}
Created in 2012 with the mandate to mobilize investment for strategic projects aligned with the Plan Sénégal Emergent (“PSE”), FONSIS is Senegal’s sovereign wealth fund. The Government of Senegal’s medium- and long-term economic and social development plan to accelerate its progress to reach emerging market status by 2035.
It manages the technical analysis and project preparation of the projects it supports and brings the project to financial close. FONSIS has developed and closed 22 projects, with a total project cost of over $650 million, with general focus on energy, health, agribusiness, industry and water & sanitation. FONSIS has attracted both private sector and public sector partners and investors, including Development Finance Institutions (“DFIs”) such as the International Finance Corporation and the Islamic Development Bank.”