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	<title>Senegal gas Archives - International Finance</title>
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	<title>Senegal gas Archives - International Finance</title>
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		<title>USTDA to $1.2 mn for Senegal’s first major gas pipeline project</title>
		<link>https://internationalfinance.com/oil-and-gas/ustda-senegals-first-major-gas-pipeline-project/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ustda-senegals-first-major-gas-pipeline-project</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 04 Sep 2020 11:30:24 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Oil & Gas]]></category>
		<category><![CDATA[gas]]></category>
		<category><![CDATA[Senegal]]></category>
		<category><![CDATA[Senegal gas]]></category>
		<category><![CDATA[Senegal Gas Network]]></category>
		<category><![CDATA[USTDA]]></category>
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					<description><![CDATA[<p>The grant will support the feasibility study to develop Senegal’s first major onshore gas pipeline</p>
<p>The post <a href="https://internationalfinance.com/oil-and-gas/ustda-senegals-first-major-gas-pipeline-project/">USTDA to $1.2 mn for Senegal’s first major gas pipeline project</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">The United States Trade and Development Agency (USTDA) has signed an agreement to grant $1.2 million for a feasibility study t</span><span style="font-weight: 400;">o develop Senegal’s first major onshore gas pipeline.</span><span style="font-weight: 400;">, media reports said. The grant will provide financial assistance for the study in construction of the pipeline network by the Senegal Gas Network. </span></p>
<p><span style="font-weight: 400;">Todd Abrajano, USTDA Chief Operating Officer, Head of Agency, told the media, “This pipeline will become the backbone of Senegal’s domestic gas sector and help create the infrastructure to supply the country’s power plants and transform its energy sector. US companies are eager to partner with Senegal on this opportunity, and we intend to make a meaningful difference in the lives of millions of Senegalese by reducing power generation costs by up to 50 percent.”</span></p>
<p><span style="font-weight: 400;">The grant from USTDA will help to understand technical specifications of onshore pipeline networks. In addition, the study will analyse the demand for gas and provide economic and financial analysis. It is reported that the project supports the US government’s Power Africa, Prosper Africa Initiatives and USTDA’s US Gas Infrastructure Exports Initiative.</span></p>
<p><span style="font-weight: 400;">Senegal is investing a lot of effort to make advancements in gas capacity for export and domestic use. The Power Africa Initiative is a partnership between USTDA and USAID. </span></p>
<p>The post <a href="https://internationalfinance.com/oil-and-gas/ustda-senegals-first-major-gas-pipeline-project/">USTDA to $1.2 mn for Senegal’s first major gas pipeline project</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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