Why should you invest in Mauritania?

Investing in Mauritania can offer a wide range of opportunities, particularly in the energy sector. With major gas discoveries and large-scale renewable energy projects in development, the country is poised for significant growth in this area.

Is Mauritania the third largest gas exporter in Africa?

Additionally,Mauritania is expected to become the third largest gas exporter on the African continent, following Nigeria and Algeria. 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.

Is Mauritania poised to become a major supplier of natural gas?

Mauritania is poised to become a significant global producer of natural gas and a leading player in Africa. With estimated gas reserves of 1400 billion cubic meters, the country has the potential to become a major supplier in the global market.

Who owns Mauritania's electricity plant?

Completed in 2017, the $53 million plant is run by the national electricity company, Société Mauritanienne d’Electricité (Somelec), and has seen ongoing works since its inauguration by (then) President Mohamed Ould Abdel Aziz, removing an estimated 57,000 tonnes of CO 2 per annum and supplying 10% of Mauritania’s net energy production.

How much liquefied gas will Mauritania produce a year?

The field is expected to produce2.5 million tons of liquefied gas annually and is being developed by BP and Kosmos Energy. The project is expected to bring the companies $150 million in annual revenues, and $19 billion for Mauritania over the next 30 years.

Does Mauritania have a gas field?

Mauritania has signed a gas exploration and production sharing agreement with British Petroleum (BP) and US-based Kosmos Energy for a field located in Mauritanian Atlantic waters. The field, named "BirAllah", contains reserves of almost 2.26 billion cubic metres of gas.