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Stock impact report

Senegal, Mauritania Take Step Towards Shared Gas Production [Barron's]

Kosmos Energy Ltd. Common Shares (DE) (KOS) 
Last kosmos energy ltd. common shares (de) earnings: 2/24 02:00 am Check Earnings Report
Company Research Source: Barrons
The two countries share the Greater Tortue Ahmeyim (GTA) offshore natural gas field. It was jointly developed by British energy giant BP, American company Kosmos Energy, Mauritanian hydrocarbons company SMH, and Senegal's state-owned Petrosen. It aims to produce around 2.5 million tonnes of liquefied natural gas per year. The start of production was initially expected in late 2024 but was pushed back to this year. "The achievement of this important milestone marks a major step towards the completion of the GTA project," the two countries said in a joint statement. The opening of the first gas well "paves the way for the start of the commercialisation of the gas planned very soon", they added. Senegal, ranked among the 25 least developed Read more
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