BP And Kosmos Sanction West African LNG Project

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About: BP p.l.c. (BP), KOS
by: Callum Turcan
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Callum Turcan
Oil & gas, long-term horizon, Growth, Deep Value
Summary

BP plc and Kosmos Energy Limited sanctioned the Greater Tortue Ahmeyim project which seeks to commercialize extensive offshore gas resources in West Africa.

Overview of the LNG project and the discovery of the Tortue gas field.

First-gas isn't expected until 2022 at the earliest, so LNG exports won't begin until after the expected glut in 2020-2021.

BP plc (NYSE:BP) teamed up with Kosmos Energy Limited (NYSE:KOS) to develop a massive offshore gas field that is located between Senegal and Mauritania in West Africa. Liquefied natural gas technology