%20has%20a%20href=https://sn.usembassy.gov/ustda-supports-senegals-first-major-gas-pipeline-august-28-2020/inked%20an%20agreement/a%20to%20grant%20$1.2%20million%20to%20the%20Fonds%20Souverain%20d’Investissements%20Stratégiques%20(FONSIS)%20Senegal.SGN%20was%20created%20in%20February%202020%20by%20the%20state-owned%20National%20Oil%20Company,%20Petrosen,%20the%20National%20Utility%20Company,%20Senelec,%20and%20FONSIS.%20The%20Company%20is%20aimed%20at%20creating%20a%20gas%20network%20for%20Senegal%20to%20transport%20gas%20from%20production%20sites%20to%20various%20locations%20including%20power%20plants%20and%20industries.In%20attendance%20at%20the%20virtual%20event%20were%20USTDA%20Chief%20Operating%20Officer,%20Head%20of%20Agency%20Todd%20Abrajano,%20Senegalese%20Minister%20of%20Petroleum%20and%20Energy%20Mouhamadou%20Makhtar%20Cisse,%20U.S.%20Ambassador%20to%20Senegal%20Tulinabo%20S.%20Mushingi,%20and%20CEO%20of%20FONSIS%20Papa%20Demba%20Diallo.Papa%20Demba%20Diallo%20said,%20em“This%20grant%20from%20USTDA%20will%20help%20us%20define%20the%20technical%20specifications%20and%20economic%20aspects%20of%20this%20very%20strategic%20project%20for%20our%20country%20and%20thus%20allow%20us%20to%20accelerate%20its%20implementation.%20Working%20with%20PETROSEN%20and%20SENELEC%20and%20in%20agreement%20with%20the%20Ministry%20of%20Petroleum%20and%20Energy,%20this%20is%20a%20strategic%20project%20that%20will%20accelerate%20the%20use%20of%20gas,%20especially%20in%20electricity%20production,%20and%20contribute%20to%20lowering%20the%20cost%20of%20electricity.%20This%20will%20help%20spur%20Senegal’s%20industrial%20sector%20and%20make%20our%20companies%20more%20competitive.”/emTodd%20Abrajano%20said,%20emthis%20pipeline%20will%20become%20the%20backbone%20of%20Senegal’s%20domestic%20gas%20sector%20and%20help%20create%20the%20infrastructure%20to%20supply%20the%20country’s%20power%20plants%20and%20transform%20its%20energy%20sector.%20U.S.%20companies%20are%20eager%20to%20partner%20with%20Senegal%20on%20this%20opportunity,%20and%20we%20intend%20to%20make%20a%20meaningful%20difference%20in%20the%20lives%20of%20millions%20of%20Senegalese%20by%20reducing%20power%20generation%20costs%20by%20up%20to%2050%20percent.”/emTulinabo%20S.%20Mushingi%20said,%20em“Today,%20we%20highlight%20another%20example%20of%20U.S.-Senegal%20energy%20cooperation.%20The%20United%20States%20Trade%20Development%20Agency%20has%20approved%20a%20grant%20of%20nearly%20$1.3%20million%20to%20support%20the%20development%20of%20Senegal’s%20natural%20gas%20pipeline%20system.%20This%20system%20will%20help%20Senegal%20transition%20its%20electricity%20generation%20to%20clean,%20inexpensive%20natural%20gas,%20using%20its%20own%20energy%20resources./emMark%20Carrato%20said,%20em“Power%20Africa%20applauds%20Senegal’s%20efforts%20to%20advance%20their%20gas%20capacity%20for%20export%20and%20domestic%20use.%20The%20U.S.%20government,%20through%20the%20Power%20Africa%20Initiative%20partnership%20between%20USTDA%20and%20USAID,%20supports%20Senegal’s%20continued%20progress%20towards%20self-reliance%20and%20its%20stated%20goal%20of%20increasing%20its%20generation%20capacity%20to%202.5%20GW%20by%202030.%20The%20Power%20Africa-funded%20Senegal%20Gas%20Roadmap,%20completed%20in%20July%202019,%20proved%20instrumental%20in%20bringing%20this%20project%20to%20fruition.%20We%20look%20forward%20to%20working%20with%20our%20partners%20to%20support%20Senegal’s%20ongoing%20work%20towards%20energy%20independence./ema%20href=https://ibekachikwu.com/wp-content/uploads/2020/07/c015d393-42fe-429f-bacc-c6b6172938cb.jpgimg%20class=size-medium%20wp-image-2232%20aligncenter%20src=https://ibekachikwu.com/wp-content/uploads/2020/07/c015d393-42fe-429f-bacc-c6b6172938cb-300x249.jpg%20alt=%20width=300%20height=249%20//a){kind=link}
The United States Trade and Development Agency (USTDA) has inked an agreement to grant $1.2 million to the Fonds Souverain d’Investissements Stratégiques (FONSIS) Senegal.
SGN was created in February 2020 by the state-owned National Oil Company, Petrosen, the National Utility Company, Senelec, and FONSIS. The Company is aimed at creating a gas network for Senegal to transport gas from production sites to various locations including power plants and industries.
In attendance at the virtual event were USTDA Chief Operating Officer, Head of Agency Todd Abrajano, Senegalese Minister of Petroleum and Energy Mouhamadou Makhtar Cisse, U.S. Ambassador to Senegal Tulinabo S. Mushingi, and CEO of FONSIS Papa Demba Diallo.
Papa Demba Diallo said, “This grant from USTDA will help us define the technical specifications and economic aspects of this very strategic project for our country and thus allow us to accelerate its implementation. Working with PETROSEN and SENELEC and in agreement with the Ministry of Petroleum and Energy, this is a strategic project that will accelerate the use of gas, especially in electricity production, and contribute to lowering the cost of electricity. This will help spur Senegal’s industrial sector and make our companies more competitive.”
Todd Abrajano said, “this pipeline will become the backbone of Senegal’s domestic gas sector and help create the infrastructure to supply the country’s power plants and transform its energy sector. U.S. companies are eager to partner with Senegal on this opportunity, and we intend to make a meaningful difference in the lives of millions of Senegalese by reducing power generation costs by up to 50 percent.”
Tulinabo S. Mushingi said, “Today, we highlight another example of U.S.-Senegal energy cooperation. The United States Trade Development Agency has approved a grant of nearly $1.3 million to support the development of Senegal’s natural gas pipeline system. This system will help Senegal transition its electricity generation to clean, inexpensive natural gas, using its own energy resources.”
Mark Carrato said, “Power Africa applauds Senegal’s efforts to advance their gas capacity for export and domestic use. The U.S. government, through the Power Africa Initiative partnership between USTDA and USAID, supports Senegal’s continued progress towards self-reliance and its stated goal of increasing its generation capacity to 2.5 GW by 2030. The Power Africa-funded Senegal Gas Roadmap, completed in July 2019, proved instrumental in bringing this project to fruition. We look forward to working with our partners to support Senegal’s ongoing work towards energy independence.”
