Senegal probes corruption allegations
The government has moved fast to investigate block sale
Senegalese authorities have begun a formal inquiry into the government award of offshore acreage to the Romanian-Australian extractive industries investor Frank Timis. The blocks—which form part of the Tortue/Ahmeyin gas project, one of the world's largest offshore gas finds of recent years—were subsequently sold to BP and are in the process of being developed. The spotlight is on the circumstances in which Timis secured the rights in the first place, the financial terms he later agreed with BP and payments allegedly relating to Aliou Sall—brother of Senegal's President Macky Sall—who used to be a senior executive of Timis' business in the country. A BBC Panorama documentary broadcast on 3 J
Also in this section
13 September 2024
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
12 September 2024
The transition to oil evokes revolution and renaissance
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion