Kosmos touts 2nd LNG plant in Senegal after drilling results [Reuters]
Kosmos Energy Ltd. Common Shares (DE) (KOS)
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Source: Reuters
Kosmos touts 2nd LNG plant in Senegal after drilling results - Reuters 3 Min Read LONDON, Sept 23 (Reuters) - Kosmos Energy, a U.S.-listed oil and gas exploration company, said on Monday the results of its appraisal drilling offshore Senegal were good enough to consider a second liquefied natural gas (LNG) export plant in the West African country. Kosmos discovered the Greater Tortue accumulation of gas offshore Senegal and Mauritania in 2015 and partnered with BP to develop the discoveries through a floating LNG (FLNG) plant, Senegal’s first such production facility. Tortue is one of a troika of gas accumulations offshore Senegal that Kosmos is exploring and developing. The other two are the Yakaar and Birallah regions. On Monday, it said the results of its second well at Yakaar “underpin our view that the Yakaar-Teranga resource base is world-scale and has the potential to support an LNG project that provides significant volumes of natural gas to both domestic and export markets”. I
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