Energy

How FAR Ltd. Left The Gambia Empty-Handed With Questions on Financial and Strategic Losses

A penalty clause required FAR to pay $22 million if it failed to meet this obligation. FAR argued for both an extension and a waiver of the penalty, citing previous drilling efforts and a promised technical review. This review was never delivered. Jerreh Barrow, however, recommended granting FAR’s request and waiving the penalty, a decision supported by the Petroleum Negotiation Committee and approved by the Petroleum Minister, despite the lack of independent verification of FAR’s work.

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NAWEC Brikama-Salaji Power Line to Spur Property Demolitions and Compensations, Company Warns

Gambiaj.com – (BANJUL, The Gambia) – The Government of The Gambia has announced a major step forward in its mission to improve electricity infrastructure, with the construction of a high-voltage transmission line under the Gambia Electricity Restoration and Modernization Project (GERMP), funded by the World Bank. The GERMP aims to significantly enhance power distribution and reduce electricity interruptions in the country.

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The Gambia Eyes 70% Electrification with African Development Bank Backing, as Energy Minister Prepares for African Energy Week

Gambiaj.com – (BANJUL, The Gambia) – In a bid to accelerate its energy transition, The Gambia is set to achieve a 70% electrification rate by the end of this year, thanks to substantial investments from the African Development Bank. This target includes electrifying 50% of rural areas, underscoring the country’s commitment to expanding access to electricity across all regions.

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PURA Faces Scrutiny Over Delayed Action on Illegal Fuel Dealings

Gambiaj.com – (BANJUL, The Gambia) – The Director General of the Public Utilities Regulatory Authority (PURA), Dr. Njogu Bah, testified before the National Assembly yesterday regarding the controversial importation and sale of fuel from a Russian ship, a deal allegedly carried out under dubious circumstances.

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What to Know About Senegal’s Expert Commission to Review Strategic Contracts in Oil and Gas Sector

Gambiaj.com – (DAKAR, Senegal) – In a move aimed at re-balancing Senegal’s economic partnerships, Prime Minister Ousmane Sonko officially announced the formation of a high-level commission on August 19, 2024. The commission, composed of legal, tax, and energy sector experts, will review contracts signed with foreign companies in key sectors, with a primary focus on the oil and gas industry.

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