The Greater Tortue Ahmeyim (GTA) project, which includes the development of the Yakaar-Teranga and BirAllah gas fields, is expected to significantly boost the economy of Mauritania. The project is a joint venture between BP, Kosmos Energy, Petrosen, and SMHPM, and is located on the Atlantic coast of Mauritania.
According to BP, the first phase of the project is expected to produce around 2.5 million metric tonnes per year (mmty) of liquefied natural gas (LNG) once it comes online in late 2023. The second phase of the project has a planned capacity of another 2.5 mmty, and the Yakaar-Teranga and BirAllah LNG facilities could have a combined capacity of up to 10 mmty. The gas produced by the project will be exported to global markets, helping to diversify the economy of Mauritania and generate significant revenue for the government.
The GTA project is expected to generate over $10 billion in revenue for Mauritania over the life of the project, according to BP. In addition to the economic benefits, the project is also expected to create jobs and support local businesses. BP and its partners have committed to working with local communities to ensure that they benefit from the project, and have implemented a range of social investment programs to support education, health, and entrepreneurship in the region.
The project is also expected to have positive environmental impacts, with a commitment to protect the local marine environment and reduce greenhouse gas emissions. The development of the project is also expected to have a multiplier effect on the Mauritanian economy, with the creation of new industries and the development of supporting infrastructure.
As the project moves forward, it will be important to continue to work with local communities to ensure that the benefits are shared fairly and that the project is developed in a sustainable and responsible way. The GTA project represents a significant step forward in the development of Mauritania's natural resources, and has the potential to help drive the country's economic growth for years to come.
Greater Tortue Ahmeyim (GTA)
"The Greater Tortue Ahmeyim Project Expected to Boost Mauritania's Economy with $10 Billion in Revenue"
Greater Tortue Ahmeyim is an offshore liquefied natural gas (LNG) project based on upstream gas production in 2km-deep waters on the maritime border of Mauritania and Senegal. It is the deepest offshore project in Africa till date. It is being jointly developed by BP, Kosmos Energy, Societe des Petroles du Senegal (Petrosen), and Societe Mauritanienne des Hydrocarbures (SMHPM) with BP as the operator. The project plans to produce up to 10 million tonnes of LNG per year in phases. A recent discovery at the Greater Tortue Ahmeyim-1 well in July 2019, indicates the potential to expand the capacity of the LNG project beyond 10 million tonnes per year in the future.