Supporting Gas Project Negotiations and Enhancing Institutional Capacities (WB-P160652)

Countries
  • Senegal
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 26, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Senegal
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 26, 2019

Disclosed by Bank Feb 8, 2017


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Project Description

The development objective of the Supporting Gas Project Negotiations and Enhancing Institutional Capacities Project for Senegal is to support the government’s capacity to drive negotiations towards final investments decisions and lay the foundations for the gas sector’s contributions to the economy through enhanced legal and regulatory framework and capacity building.The project consists of five components. The first component, support for hydrocarbon project negotiations the objective of this component is to help the Government of Senegal (GoSN) engage in a timely and constructive manner with the Government of Mauritania and Production Sharing Contract (PSC) holders to ensure the sustainable development of its oil and gas resources. The second component, enhancement of the strategic and policy framework is to support the GoSN develop an oil and gas sector policy and strategy. The third component, institutional diagnostic and capacity building is to identify the needs for capacity building, develop tailored training programs, and support the Government’s effort to mobilize instrumental ad hoc expertise. The fourth component, stakeholders engagement campaign is to mobilize international third party expertise needed for the GoSN to develop a communications strategy and information campaign to engage effectively and sustain ably with all key stakeholders on issues relating to oil and gas development projects in SNE and Grand Tortue. This component, which will create and maximize synergies with the Senegal Extractive Industry Transparency Initiative (EITI) activity on communications campaign.

Investment Description
  • World Bank (WB)
Contact Information

Gestion Exécutive et Stratégique du Comité d’Orientation Stratégique et de Suivi du Développement du
Aminata Ndoye Toure
Director of the Hydrocarbon Department
aminata-ndoye.toure@cmesn.net

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