Senegal Targets $7.5 Billion Gas Project to End Energy Subsidies

Senegal’s state-owned oil company said the Yakaar-Teranga gas discovery will cost $7.5 billion to develop, but will help the country slash energy subsidies once on stream.

By Katarina Hoije · Bloomberg Markets

Senegal’s state-owned oil company said the Yakaar-Teranga gas discovery will cost $7.5 billion to develop, but will help the country slash energy subsidies once on stream.