Mauritania’s Commitment to Energy Development Highlighted at…

Mauritania’s Minister of Petroleum and Energy, Mohamed Ould Khaled, will participate in the African Energy Week 2024 to discuss the Greater Tortue Ahmeyim LNG project, which is set for production by late 2024. As the country seeks to enhance its LNG and burgeoning green hydrogen sectors, it is actively engaging with international partners for project development.

Mauritania’s participation in the upcoming African Energy Week 2024 marks a significant stride in its energy development efforts. Scheduled for November 4-8 in Cape Town, the conference will feature Mauritania’s Minister of Petroleum and Energy, Mohamed Ould Khaled, who will highlight the anticipated economic benefits derived from the Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project. The initial phase, poised to commence production by late 2024, is nearing completion, with 90% of the work finalized. This phase is expected to generate approximately 2.3 million tons per annum of LNG, and plans for phase two aim to double that output. The GTA project exemplifies the burgeoning opportunities within Mauritania’s gas sector, as the nation strives to position itself as a major player in the international energy market, particularly given its proximity to Europe. In conjunction with the GTA project, Mauritania is deepening collaborations with international stakeholders, thereby streamlining project development and maximizing the use of its considerable offshore resources. Recent agreements, including a partnership with data analytics firm TGS and ongoing exploration initiatives by Tullow Oil, further solidify this strategic direction. In addition, Mauritania is actively seeking new partnerships, particularly in the BirAllah gas field, which holds promising reserves of 60 trillion cubic feet of natural gas. Concurrently, the country is enhancing its energy portfolio through a US$1.3 billion exploration-production contract for the Banda gas field, scheduled to commence production in 2027. Furthermore, Mauritania is diversifying its energy landscape by targeting the production of 12.5 million tons of green hydrogen by 2035. Following the recent approval of its Green Hydrogen Bill, the nation is set to exploit its wind and solar resources effectively, establishing critical infrastructure for this transition. The Aman and Nour projects exemplify these ambitious green energy goals. Minister Khaled’s role at the African Energy Week will not only serve to attract investment in both LNG and green hydrogen sectors but will also provide a platform for sharing updates on ongoing projects.

The African Energy Week is a pivotal event for stakeholders within the African energy sector, focusing on investment, innovation, and partnerships to advance energy development across the continent. As energy needs evolve globally, countries like Mauritania are recognizing the critical role hydrocarbon resources and green energy initiatives play in driving economic growth and development. The Greater Tortue Ahmeyim project signals Mauritania’s intent to harness its offshore gas reserves, while the aspirations for green hydrogen production position the nation as a leader in renewable energy potential. This multifaceted approach underlines Mauritania’s commitment to leveraging its natural resources sustainably and efficiently.

In conclusion, Mauritania’s involvement in the African Energy Week 2024 underscores its commitment to developing a robust energy sector, focusing on both traditional fossil fuels and renewable energy opportunities. The nation’s strategic projects, including the GTA LNG project and the endeavors in green hydrogen, highlight its potential as a burgeoning energy hub. With Minister Khaled’s engagement at the conference, Mauritania seeks to enhance investments and facilitate strategic collaborations that will pave the way for sustained economic growth and energy security.

Original Source: africanminingmarket.com