Oil: Former Petrosen CEO Accuses Senegal of 'Undervaluing' Yakaar-Teranga to Eni

Author: Francis NoudePublished on: September 18, 2026Country: Senegal

PoliticsBusiness & Economy

Oil: Former Petrosen CEO Accuses Senegal of 'Undervaluing' Yakaar-Teranga to Eni

Alioune Gueye, former CEO of Petrosen, accuses Senegal of signing a protocol agreement with Eni regarding block SN07M, which corresponds to the Yakaar-Teranga gas field, without compensation for the withdrawal of Kosmos. He emphasizes that this block has undergone years of studies funded by the state. This accusation comes as he faces criticism from the Prime Minister for a $55 million loss related to this matter.

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