The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
REPORT NO.: RES57498
RESTRUCTURING PAPER
ON A
PROPOSED PROJECT RESTRUCTURING
OF
SUPPORTING GAS PROJECT NEGOTIATIONS AND ENHANCING INSTITUTIONAL CAPACITIES
APPROVED ON MAY 26, 2017
TO
REPUBLIC OF SENEGAL
ENERGY & EXTRACTIVES
WESTERN AND CENTRAL AFRICA
Regional Vice President: Ousmane Diagana
Country Director: Keiko Miwa
Regional Director: Franz Drees-Gross
Global Director (ADM): Demetrios Papathanasiou
Practice Manager/Manager: Robert Schlotterer
Task Team Leader(s): Silvana Tordo
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
ABBREVIATIONS AND ACRONYMS
FDP Field development plan
FID Final investment decision
GES-PETROGAZ Strategic Steering and Development Monitoring Committee for Petroleum and Gas
(Gestion Exécutive et Stratégique du Comité d’Orientation Stratégique et de Suivi du
développement du Pétrole et du Gaz)
GoSN Government of Senegal
GTA Grand Tortue Ahmeyim
IRI Intermediate Result Indicator
LNG Liquified Natural Gas
MEDD Ministry of the Environment and Sustainable Development
MEPC Ministry of the Economy, Planning and Cooperation
MFB Ministry of Finance and Budget
MPE Ministry of Petroleum and Energy
MPEM Ministry of Fisheries and Maritime Economy
MTPA Metric Tonnes per Annum
PDO Project Development Objective
PETROSEN The national oil company of Senegal
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
BASIC DATA
Product Information
Project ID Financing Instrument
P160652 Investment Project Financing
Original EA Category Current EA Category
Partial Assessment (B) Partial Assessment (B)
Approval Date Current Closing Date
26-May-2017 31-Dec-2023
Organizations
Borrower Responsible Agency
Republic of Senegal
Project Development Objective (PDO)
Original PDO
Support the government’s capacity to drive negotiations towards final investments decisions and lay the foundations for
the gas sector’s contributions to the economy through enhanced legal and regulatory framework and capacity building.
OPS_TABLE_PDO_CURRENTPDO
Summary Status of Financing (US$, Millions)
Net
Ln/Cr/Tf Approval Signing Effectiveness Closing Commitment Disbursed Undisbursed
IDA-60530 26-May-2017 06-Jul-2017 04-Oct-2017 31-Dec-2023 29.00 19.50 10.60
Policy Waiver(s)
Does this restructuring trigger the need for any policy waiver(s)?
No
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING
A. Project Status
1. Approved by the Board of Directors of the World Bank on May 26, 2017, the Supporting Gas Project Negotiations
and Enhancing Institutional Capacities (P160652) project is a EUR€ 27.2 million (US$ 29 million equivalent) credit to
the Government of Senegal (GoSN). The project is designed to support technical and regulatory measures required
to strengthen the GoSN’ capacity to oversee progress to final investment decision (FID) of three large offshore
hydrocarbons finds and to lay the foundation for the gas sector’s contributions to Senegal’s energy transition. The
project is scheduled to close on December 31, 2023.
2. The project includes the following five components in the original project design:
(a) Support for hydrocarbon project negotiations (Euro 15.9 million/US$17 million) to help the GoSN engage in a
timely and constructive manner with the Government of Mauritania and Production Sharing Contract (PSC)
holders to ensure the sustainable development of its oil and gas resources. Specific activities to be implemented
under this component include technical assistance to reach FID for the Sangomar (formerly SNE), Grand Tortue
Ahmeyim (GTA), and Yakaar Teranga developments, and the development of a series of agreements associated
with the cross-border nature of the GTA development, including the intergovernmental cooperation agreement
and the joint operation agreement. The modalities of intervention under this component cover the provision of
technical assistance through the mobilization of international expertise in technical (geoscience, reservoir
management and engineering), environmental and social, fiscal, legal, marketing, and financial aspects of oil and
gas developments.
(b) Enhancement of the strategic and policy framework (Euro 1.9 million/US$2 million) aimed at supporting the
development of policies and regulation for the sustainable development of the hydrocarbons sector and its
interaction with other sectors of Senegal’s economy. This activity includes, among others, the preparation of the
hydrocarbon sector master plan and the strategic environmental and social assessment, the preparation of a
strategic plan for the prevention and fight against marine pollution, regulatory measures to improve the safety
of artisanal fishing around oil and gas platforms, procedures for the inspection of floating structures associated
with the oil and gas sector, and tools for the monitoring local content.
(c) Institutional diagnostic and capacity building (Euro 5.9 million/US$6.3 million) aimed at supporting the
strengthening of institutional and technical capacity of government entities that play a critical role for the
sustainable development of the petroleum sector, including the Ministry of Petroleum and Energy (MPE), the
Ministry of Finance and Budget (MFB), the Ministry of the Economy, Planning and Cooperation (MEPC), the
Ministry of Fisheries and Maritime Economy (MPEM), and the Ministry of the Environment and Sustainable
Development (MEDD ) and the national oil company (PETROSEN). This component finances the carrying out of
an institutional diagnostic to identify the needs for capacity building, the development of tailored training
programs, and support the Government’s effort to mobilize instrumental ad hoc expertise.
(d) Stakeholders’ engagement campaign (Euro 1.3 million/US$ 1.4 million) aimed at strengthening institutional
communication mechanisms and capacity through the development and implementation of a communication
strategy and an awareness campaign, and mobilization of stakeholders on issues related to the development of
oil and gas projects.
(e) Project management and coordination (Euro 2.2 million/US$ 2.3 million) to support project management,
monitoring and evaluation, including the establishment and maintenance of the Project Management Unit, GES-
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
PETROGAZ, housed within the MPE. More specifically, it supports the costs associated with the recruitment of a
procurement specialist, accountant, administrative and financial director, and other instrumental staff as needed
to build the GES-PETROGAZ procurement, financial management, and monitoring and evaluation, as well as
safeguards and management capacities in a sustainable manner.
3. Overall ratings related to Achievement Towards the PDO and Implementation Progress (IP) are assessed at
Moderately Satisfactory (MS), owing to the slow progress of certain project activities, particularly under Component
A. Cumulative disbursements at the end of September 2023 stood at Euro 16.6 million (equivalent to US$18.7
million), while commitments were Euro 7.1 million, with remaining Euro 3.3 million under procurement and Euro 0.2
million unallocated. GES-PETROGAZ estimates that Euro 8.8 million are unlikely to be disbursed by December 2023.
B. Rational for Restructuring
4. A technical mission conducted in March 2023 identified several factors affecting the pace of implementation of the
project and potentially its impact. These factors are related to the following:
(a) Imperfect alignment between the GoSN and operators on engineering solutions, impacting the progress towards
FID for the Yakaar-Teranga field and subsequent development phases of the GTA fields.
(b) Insufficient coordination between GEZ-PETROGAZ and the project beneficiaries, translating in delays at various
steps of the procurement cycle (particularly, validation of proposals, contract signature, and approval of
deliverables by the beneficiaries);
(c) Insufficient prioritization of project activities, distracting GEZ-PETROGAZ from focusing on high-impact, strategic
activities.
5. In addition, several sector-wide developments, outside of the direct scope or influence of this project, are impacting
the pace of implementation and potential for the achievement of results, including the following:
(a) The disruption in value chains for critical equipment and material following the COVID-19 pandemic, portfolio
reassessment in the context of the energy transition, and imperfect alignment between operators and the GoSN
on field development concepts, have resulted in longer lead time for implementation of activities under
Component A, Support for hydrocarbon project negotiation.
(b) Unexpected remedial works required for the safe operation of the Sangomar’s floating production, storage, and
offloading (FPSO) vessel were announced by the operator in July 2023. Remedial works are expected to increase
field development cost by 7-13% and delay first production of the field’s phase one development from end 2023
to mid-2024. Because the second phase of field development can only start after data from initial production
have been analyzed, the finalization of the development concept and subsequent FID are not expected until the
second half of 2025. Meanwhile, on the request of the GoSN, the operator is evaluating engineering solutions for
the domestic use of associated natural gas that is currently reinjected in the reservoir, with FID anticipated by
mid-2025 (phase 1B).
(c) Phase 2 of the GTA field development targets additional capacity of between 2.5 and 3 MTPA. The development
concept was selected in February 2023 and associated detailed studies are being carried out by the operator. FID
for phase 2 is anticipated in 2026, with first gas 2-3 years later. Additional development phases are possible, with
ambition to reach a combined production volume of 10 MTPA of LNG.
(d) Progress towards the identification of the development concept for Phase 1 of the Yakaar-Teranga field
development has been slower than anticipated. On November 7, 2023 the GoSN announced a change in
operatorship of the field, with the withdrawal of BP and transfer of its share of participating interest to Kosmos
(new operator) and Petrosen. Alternative solutions for the development of the field that prioritize supply to the
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
domestic market are being assessed by the current holders of participating interests. The GoSN maintains its
goal for start of gas production in 2027, implying FID by the second quarter of 2025.
6. Against this backdrop, a series of agreed to recommendations and measures have been identified that are aimed at
further strengthening the Project’s strategic focus and relevance towards achieving the PDO and ensuring the
sustainability of project’s results. Implementing these recommendations and measures require a level two
restructuring. To this end:
(a) GES-PETROGAZ, together with the project beneficiaries, have streamlined the project activity plan, dropping
slow-moving, noncore activities to fully focus on strategic activities directly related to achieving the PDO and
ensuring its sustainability. Of particular significance, the exercise to reassess the strategic relevance of project
activities and their lead time for completion has led the GoSN to request an 18-month extension of the project
closing date, from the December 31, 2023 to the June 30, 2025; and
(b) Strategic activities (like the feasibility study for the City of Energy, the Atlas of the environmental, the geographic
information system for the collection and management of data on the environmental and social impact of oil and
gas projects, PETROSEN’s strategy and organization realignment, the audit of GTA accounts, and the
identification of the funding structure for PETROSEN’s participating interests in offshore developments) have
been assigned a contract manager and provisions have been made to fast track their implementation.
II. DESCRIPTION OF PROPOSED CHANGES
7. This Restructuring Paper seeks the approval of the Country Director on a Level 2 Restructuring of the Senegal
Supporting Gas Project Negotiations and Enhancing Institutional Capacity Project in response to the request from
the Government of Senegal through a letter dated October 4, 2023.1 The following changes to the project are
proposed (a) extension of the closing date of the project by 18 months, (b) revision of the allocation of funds among
project components; and c) alignment of the results framework to changes in project context and new strategic
priorities, and more accurately measure project’s achievements.
8. The audit reports are up to date and are satisfactory to the Bank. There are no outstanding audit reports for the
project.
Extension of the project’s closing date:
9. An 18-month extension of the closing date is proposed, from December 31, 2023 to end of June 30, 2025. The
proposed extension will ensure that the GoSN continues to receive the geoscience, engineering, environmental and
social, commercial, financial, and legal expertise required to carry out regulatory reviews of field development plans
(FDPs) proposed by the offshore projects’ operators, with focus on Yakaar-Teranga and Sangomar phase 1B that have
been earmarked to provide natural gas for domestic use. Government review and approval of FDPs is a necessary
step to secure an oil and gas company’s commitment to investing in bringing hydrocarbons to the market through
the FID. Box 1 summarizes the purpose and importance of FDPs. Support to the negotiation of phase 2 and 3 of GTA
and phase 2 of Sangomar will continue to be provided. Although FIDs for these developments are not expected to
occur before the second half of 2025, in accordance with the PDO, project activities will contribute to drive
negotiations towards FID. At this stage of development of the offshore projects, the GoSN ability to rely on trusted
advisers that are familiar with both the context and the technical elements of the projects provides continuity and a
clear negotiation advantage.
1 Letter n. 5312 MFB/CAB/CT.BS.
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
BOX 1 – FIELD DEVELOPMENT PLANS IN OIL AND GAS PROJECTS
A Field Development Plan (FDP) outlines how the operator of an oil and gas field intends to develop it. This requires weighing alternative
options for reservoir management, engineering solutions to bring oil and gas to the surface and process it (wells and production and
treatment facilities), transport to markets (such as pipeline, storage, and tankers). Multiple development concepts are evaluated with the
aim to identify the best option that manages the risks and delivers value to investors. Given the significant risk and investment involved in
developing an oil and gas projects, a company would not proceed without a clear agreement with the host government. Furthermore, many
financial institutions require a government approved FDP to provide project financing.
In Senegal (as in most countries) a company may not develop an oil and gas field without explicit approval of the FDP by the government.
From the government perspective, different field development solutions entail different government revenue, environmental and social
impact, and local value addition. The government’s role is to ensure that the proposed field development concept is safe and delivers the
optimal value for the development of the country’s oil and gas resources. Consistency with sector policy and with the legal, regulatory, and
contractual framework is also part of the government review process.
The company and the government may have different appreciations of what constitute “optimal development”. Therefore, it is paramount
that the government secures the necessary expertise to engage with the company throughout the preparation and validation of the FDP,
so that the country’s interests are adequately reflected. Once the government approves the FDP, the operator will make its FID, and all
subsequent activities will have to be consistent with the FDP.
The FDP is a crucial step in the approval of an oil and gas project, for both investors and the host government.
Reallocation of funds among components:
10. The proposed reallocation of funds across project components and the rationale for reallocation are detailed in Table
1.
TABLE 2 – PROPOSED REVISED ALLOCATION OF DISBURSEMENT AMONG COMPONENTS
Current allocation Proposed allocation
Component Description Comments
Euro million US$ million Euro million US$ million
The proposed decrease reflects the slower
than originally planned pace of development
Support for
of GTA phase 2 and 3 and Sangomar phase 2
hydrocarbon
A 15.9 17.0 12.8 13.6 (now envisaged after June 2025) resulting in
project
lower requirements for engineering,
negotiations
environmental, commercial and financial
expert advice.
The proposed increase reflects the inclusion
Enhancement of
of the strategic plan for the restructuring of
the strategic
B 1.9 2.0 3.6 3.8 PETROSEN, which is expected to lead to
and policy
improved strategic focus and organizational
framework
efficiency.
The proposed increase reflects the inclusion
of strategic activities (feasibility study of the
Institutional City of Energy, and PETROSEN’s integrated
diagnostic and financial management information system)
C 5.9 6.3 6.9 7.4
capacity aimed at supporting the sustainability of
building project’s results, as well as savings resulting
from the elimination of non-core, low impact,
slow progress activities.
Stakeholders’ The proposed reduction reflects savings
D engagement 1.3 1.4 1.2 1.3 resulting from improved efficiency in the
campaign collection, redaction and distribution of data
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
and information on sector developments and
its impacts.
The proposed additional Euro 0.5 mil (US$ 0.6
mil) will finance administrative costs
Project associated with the functioning of the Project
Management Steering Committee, the development of
E 2.2 2.3 2.7 2.9
and annual project impact assessments, the
Coordination organization of validation workshops for key
project deliverables, and additional 18
months of compensation for the PIU.
Total 27.2 29.0 27.2 29.0
Changes to the Results Framework
11. Changes to the Results Framework are proposed to reflect the revised expected timeline for the development of
the offshore gas fields and to enhance overall attributability of the project. There are no proposed changes to the
PDO statement: “Support the government’s capacity to drive negotiations towards final investments decisions and
lay the foundations for the gas sector’s contributions to the economy through enhanced legal and regulatory
framework and capacity building”. The However, PDO and intermediate results indicators are proposed to be revised
to better measure outcomes specified in the PDO statement and to better track the key results expected from the
project. These changes are presented in Table 2 and 3 below.
TABLE 3 – SUMMARY OF CHANGES IN PDO INDICATORS
Current
End-
Baseline Status
PDO Indicator Unit Target Rationale
(2017) (August
(2023)
2023)
Outcome 1: Support Government's capacity to drive negotiations towards FID for Senegal O & G prospects
Dropped: The current timeline for validation of
PDO#2
subsequent phases of GTA development is 2026,
Dropped: Development concept for Text no no yes
falling outside of the proposed closing date extension
phase 2 and 3 of GTA validated
(June 2025).
PDO#3
Revised formulation and scope. The indicator will
Original: Development concept for
Yes track the results of GoS negotiations with the operator
phase 2 of Sangomar validated Text no no
(2025) of the Sangomar field aimed to secure the domestic
Revised: Development concept for
use of associated gas.
phase 1B of Sangomar validated
PDO#4 Revised deadline. The finalization of the development
Yes
Development concept for phase 1 Text no no concept for phase 1 of the Yakaar-Teranqa field is
(2025)
of Yakaar-Teranga validated expected in 2025.
Outcome 2: Support gas sector contribution to the economy and institutional capacity building
Revised formulation and scope: In 2021 the GoS
adopted the Energy Sector strategy, which includes
PDO#6
the oil and gas sector. The oil and gas sector master
Original: Oil and gas policy and
plan, financed by the project, provides options for the
strategy developed Yes
Text no no implementation of the oil and gas sector strategy. The
Revised: Strategy for the (2025)
revised indicator will track the development of a
valorization of natural gas resources
strategy and plan to leverage domestic natural gas for
for domestic use is developed
lower-carbon energy generation and industrial
development, building on the masterplan.
PDO#7 Dropped. The Environmental and social assessment is
Dropped: Environmental and social Text No No Yes proposed as intermediate result indicator since it is
assessment is carried out one of the elements that inform the development of
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
the strategy for the domestic valorization of natural
gas.
Target revised: the proposed target (500) is a
PDO#10 downward revision from the original target (550). The
Numbe
Target revised: Training completed 0 369 500 new target is based on the recommendations of the
r
for institutional capacity building capacity building diagnostic that was completed in
December 2021.
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
TABLE 4 – SUMMARY OF CHANGES IN INTERMEDIATE INDICATORS
Current
End-
Baseline Status
Intermediate Result Indicator (IRI) Unit Target Rationale
(2017) (August
(2023)
2023)
Component A: Support for hydrocarbon project negotiations
IRI#2 Dropped: IRI#2 is linked to the dropped PDO#2
Dropped: Grand Tortue Ahmeyim phase 2 Text no no yes indicator
LNG commercialization agreement developed
IRI#3
Original: Sangomar Phase 2 Natural Gas Revised: IRI#3 is linked to the revised PDO#3
Yes
Commercialization Agreement Developed Text no no indicator
(2025)
Revised: Sangomar Phase1B Natural Gas
Commercialization Agreement Developed
Revised: This indicator will track the approval
IRI#4
of the farm-out and farm-in agreements
Original: Yakaar-Teranga Phase 1 Natural Gas
associated with the consolidation of
Commercialization Yes
Text no no participating interests in Yakaar-Teranga
Agreement Developed (2024)
following the withdrawal of the current
Revised: Approval of farm-out and farm-in
operator.
agreements for Yakaar-Teranga
Component B: Enhancement of the strategic and policy framework
IRI#9
Original: Legal framework for the oil and gas Revised: The proposed revision tracks the
sector developed efforts made to regulate the impact of oil and
Text no no yes
Revised: Regulatory framework for the gas development on an established sector of
integration of offshore projects in the the Senegalese economy
maritime economy developed
IRI#10
Revised: The proposed revision reflects the
Original: Financing structure and sources of
change in scope of the project activity, now
funds for the national oil company’s share of
limited to legal structure of the national oil
oil and gas developments identified Text no no yes
company contribution. The national oil
Revised: Financing structure for the national
company has already recruited financial
oil company’s share of oil and gas
advisors.
developments identified
IRI#11
Original: Framework plan for the
Revised: The proposed revision tracks the
environmental and social management of oil
Yes establishment and use of tools and
and gas sector approved Text no no
(2024) methodologies for monitoring and evaluation
Revised: Environmental and Social monitoring
of the impact of oil and gas activities.
and evaluation system for the oil and gas
sector is established and operational
IRI#
New: this indicator tracks governance and
New: A transparent system for the allocation Yes
Text no no transparency reforms for the allocation of oil
of oil and gas exploration and production (2025)
and gas rights.
rights is established
IRI# New: this indicator (previously PDO level)
New: Strategic Environmental and Social tracks the realization of a sector specific SESA
Text no no Yes
Assessment is prepared meant to inform sector strategy and future
regulatory reforms.
IRI# New: this indicator tracks the development of
New: Framework for reform of the national Yes a strategic plan and roadmap to ensure
Text No No
oil company identified (2025) consistency of PETROSEN’s objectives with the
legal and regulatory framework
IRI# New: this indicator tracks the establishment of
Text No No Yes
an entity tasked with the monitoring of
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
New: Institutional framework for local implementation and evaluation of impact of
content assessment in the oil and gas sector local content in oil and gas.
is established
Component C: Institutional diagnostic and capacity building
Target revised: the proposed target (30) is a
downward revision from the original target
IRI#14
Num (50). The new target is based on the
Target revised: Engineers who have benefited 0 5 30
ber recommendations of the capacity building
from oil and gas capacity building sessions
diagnostic that was completed in December
2021.
IRI#15 Num 0 31 70 Target revised: the proposed t target (70) is a
Target revised: Staff trained in petroleum ber downward revision from the original target
taxation and accounting (85). The new target is based on the
recommendations of the capacity building
diagnostic that was completed in December
2021.
IRI#16 Num 0 7 30 Target revised: the proposed target (30) is a
Target revised: Staff trained in oil and gas law ber downward revision from the original target
and oil contract management (50). The new target is based on the
recommendations of the capacity building
diagnostic that was completed in December
2021.
IRI#17 Num 0 7 30 Target revised: the proposed target (30) is a
Target revised: Staff trained in oil and gas law ber downward revision from the original target
and oil contract management (50). The new target is based on the
recommendations of the capacity building
diagnostic that was completed in December
2021.
III. SUMMARY OF CHANGES
Changed Not Changed
Results Framework ✔
Components and Cost ✔
Loan Closing Date(s) ✔
Disbursement Estimates ✔
Implementation Schedule ✔
Implementing Agency ✔
DDO Status ✔
Project's Development Objectives ✔
PBCs ✔
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
Cancellations Proposed ✔
Reallocation between Disbursement Categories ✔
Disbursements Arrangements ✔
Overall Risk Rating ✔
Safeguard Policies Triggered ✔
EA category ✔
Legal Covenants ✔
Institutional Arrangements ✔
Financial Management ✔
Procurement ✔
Other Change(s) ✔
Economic and Financial Analysis ✔
Technical Analysis ✔
Social Analysis ✔
Environmental Analysis ✔
IV. DETAILED CHANGE(S)
OPS_DETAILEDCHANGES_COMPONENTS_TABLE
COMPONENTS
Current
Current Proposed Proposed
Cost Action
Component Name Component Name Cost (US$M)
(US$M)
Support for hydrocarbon project Support for hydrocarbon
17.00 Revised 13.60
negotiations project negotiations
Enhancement of the strategic Enhancement of the strategic
2.00 Revised 3.80
and policy framework and policy framework
Institutional diagnostic and Institutional diagnostic and
6.30 Revised 7.40
capacity building capacity building
Stakeholders engagement Stakeholders engagement
1.40 Revised 1.30
campaign campaign
Project management and Project management and
2.30 Revised 2.90
coordination coordination
TOTAL 29.00 29.00
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
OPS_DETAILEDCHANGES_LOANCLOSING_TABLE
LOAN CLOSING DATE(S)
Original Revised Proposed Proposed Deadline
Ln/Cr/Tf Status Closing Closing(s) Closing for Withdrawal
Applications
IDA-60530 Effective 31-Dec-2023 30-Jun-2025 30-Oct-2025
OPS_DETAILEDCHANGES_DISBURSEMENT_TABLE
DISBURSEMENT ESTIMATES
Change in Disbursement Estimates
Yes
Year Current Proposed
2017 0.00 0.00
2018 1,499,915.39 1,499,915.39
2019 2,649,843.21 2,649,843.21
2020 2,772,406.00 2,772,406.00
2021 5,077,835.40 4,386,661.76
2022 10,200,000.00 4,537,981.49
2023 6,800,000.00 4,654,838.15
2024 0.00 6,618,098.00
2025 0.00 1,883,256.00
.
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
.
Results framework
COUNTRY: Senegal
Supporting Gas Project Negotiations and Enhancing Institutional Capacities
Project Development Objectives(s)
Support the government’s capacity to drive negotiations towards final investments decisions and lay the foundations for the gas sector’s contributions to
the economy through enhanced legal and regulatory framework and capacity building.
Project Development Objective Indicators by Objectives/ Outcomes
RESULT_FRAME_TBL_PDO
Indicator Name PBC Baseline End Target
Support Government's capacity to drive negotiations towards FID for Senegal O & G prospects
Development concept for phase 1 of Grand Tortue Ahmeyim and
No Yes
Sangomar validated (Yes/No)
Development Concepts for Phase 2 and 3 of Grand Tortue
No Yes
Ahmeyim validated (Yes/No)
Action: This indicator has been Marked for Deletion
Development Concepts for Phase 1B of Sangomar validated
No Yes
(Yes/No)
Rationale:
The reformulated indicator will track the results of the negotiations between the Government of Senegal and the operator
Action: This indicator has been Revised
of the Sangomar field aimed to secure the domestic use of associated gas.
Development Concepts for Phase 1 of Yakaar-Teranga is
No Yes
validated (Yes/No)
Rationale:
Action: This indicator has been Revised The finalization of the development concept for phase 1 of the Yakaar-Teranqa field is expected during the second quarter
of 2025.
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_PDO
Indicator Name PBC Baseline End Target
Unitization agreement for the Grand Tortue reservoir developed
No Yes
(Yes/No)
Support gas sector contribution to the economy and institutional capacity building
Strategy for the valorization of natural gas resources for
No Yes
domestic use is developed (Yes/No)
Rationale:
In 2021 the GoS adopted the Energy Sector strategy, which includes the oil and gas sector. The oil and gas sector master
plan, financed by the project, provides options for the implementation of the oil and gas sector strategy. The revised
Action: This indicator has been Revised
indicator will track the development of a strategy and plan to leverage domestic natural gas for lower-carbon energy
generation and industrial development, building on the masterplan
Strategic Environmental and Social Assessment is carried out
No Yes
(Yes/No)
Rationale:
The Environmental and social assessment is proposed as intermediate result indicator since it is one of the elements that
Action: This indicator has been Marked for Deletion
inform the development of the strategy for the domestic valorization of natural gas.
Institutional diagnostic conducted and results publicly
No Yes
disseminated (Yes/No)
Action: This indicator has been Revised
Training completed for institutional capacity building (Number) 0.00 500.00
Rationale:
The current target (500) is a downward revision from the original target (550). The new target is based on the
Action: This indicator has been Revised
recommendations of the capacity building diagnostic that was completed in December 2021.
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Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_PDO
Indicator Name PBC Baseline End Target
Communications strategy and roadmap for government agencies
No Yes
developed and implemented (Yes/No)
PDO Table SPACE
Intermediate Results Indicators by Components
RESULT_FRAME_TBL_IO
Indicator Name PBC Baseline End Target
Support for hydrocarbon project negotiations
Grand Tortue Ahmeyim phase 1 LNG commercialization
0.00 1.00
agreement developed (Number)
Grand Tortue Ahmeyim phase 2 LNG commercialization
0.00 1.00
agreement developed (Number)
Action: This indicator has been Marked for Deletion
Sangomar Phase 1B Natural Gas Commercialization Agreement
0.00 1.00
concluded (Number)
Action: This indicator has been Revised
Approval of farm-out and farm-in agreements for Yakaar-Teranga
No Yes
(Text)
Rationale:
Following BP's divestiture of its participating interests in Yakaar-Teranga, the current owners of the participating interests
Action: This indicator has been Revised
intend to seek an additional partner to defray field development costs/risks.
Lifting agreement for Sangomar Phase 1 in place (Number) 0.00 1.00
Action: This indicator has been Revised
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_IO
Indicator Name PBC Baseline End Target
Delineation and estimation of transnational gas finalized
No Yes
(Yes/No)
Intergovernmental cooperation agreement developed and
No Yes
signed (Yes/No)
Enhancement of the strategic and policy framework
Master plan for the oil and gas sector is developed (Yes/No) No Yes
A regulatory framework for the integration of off-shore projects
No Yes
into the maritime economy is developed (Yes/No)
Action: This indicator has been Revised
Financing structure and sources of funds for the National Oil
No Yes
Corp’s share of oil and gas development identified (Yes/No)
Action: This indicator has been Marked for Deletion
Framework for the monitoring and evaluation of environmental
No Yes
and social impacts of oil and gas operations is in place (Yes/No)
Rationale:
This indicator tracks the implementation of specific tools and procedures to enhance the GoS' capacity to monitor and
Action: This indicator has been Revised
assess environnemental and social impacts of oil and gas operations.
Strategic Environnemental and Social Assessment completed
No Yes
(Yes/No)
Action: This indicator is New
A transparent system for the award of oil and gas exploration
No Yes
and production rights is established (Yes/No)
Rationale:
Action: This indicator is New
This indicator tracks the completion of an important governance and transparency reform.
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_IO
Indicator Name PBC Baseline End Target
Framework for the reform of the national oil company identified
No Yes
(Yes/No)
Rationale:
Action: This indicator is New This indicator tracks the identification of concrete steps and timeline for the reform of the national oil company
Institutional diagnostic and capacity building
Key staff recruited to fill the technical capacity gap (Number) 0.00 7.00
Rationale:
Action: This indicator has been Revised The indicator was refocused on the upstream oil and gas sector where capacity building needs are must urgent.
High level training completed for institutional capacity building
0.00 90.00
(Number)
Rationale:
Action: This indicator has been Revised The timeframe for completion of high level training is extended to December 2024
Number of Ministers participated in the training sessions on
0.00 7.00
oil and gas development and negotiations (Number)
Action: This indicator has been Revised
Number of Parliamentarians participated in the training
sessions on oil and gas development and negotiations 0.00 83.00
(Number)
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_IO
Indicator Name PBC Baseline End Target
Action: This indicator has been Revised
Number of female Parliamentarians participated in the
training sessions on oil and gas development and negotiations 0.00 36.00
(Number)
Action: This indicator has been Revised
Staff trained in petroleum engineering (Number) 0.00 30.00
Rationale:
Action: This indicator has been Revised The end target value has been reduced to 30 engineers, in line with the recommendations of the institutional diagnostic
Trainees selected as result of a competency audit
0.00 100.00
(Percentage)
Action: This indicator has been Revised
Engineers who have successfully completed the training
0.00 90.00
program (Percentage)
Trainees who believe that the training received reflects their
0.00 95.00
needs (Percentage)
Women who benefited from the training program
0.00 20.00
(Percentage)
Staff trained in petroleum taxation and accounting (Number) 0.00 70.00
Rationale:
Action: This indicator has been Revised The end target has been reduced to 70 in line with the recommendations of the institutional diagnostic
Trainees selected as result of a competency audit
0.00 100.00
(Percentage)
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_IO
Indicator Name PBC Baseline End Target
Trainees who have successfully completed their training
0.00 90.00
program (Percentage)
Trainees who believe that the training received reflects their
0.00 95.00
needs (Percentage)
Women who benefited from the training program
0.00 20.00
(Percentage)
Staff trained in oil and gas law and oil contracts management
0.00 30.00
(Number)
Rationale:
Action: This indicator has been Revised The end target is reduced to 30 staff in line with the recommendations of the institutional diagnostic
Trainees selected as result of a competency audit
0.00 100.00
(Percentage)
Trainees who have successfully completed their training
0.00 90.00
program (Percentage)
Trainees who believe that the training received reflects their
0.00 95.00
needs (Percentage)
Women who benefited from the training program
0.00 20.00
(Percentage)
Staff trained in management of the environmental and social
0.00 20.00
impacts of oil operations (Number)
Action: This indicator has been Revised
Trainees selected as result of a competency audit
0.00 100.00
(Percentage)
Trainees who have successfully completed their training
0.00 90.00
program (Percentage)
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
RESULT_FRAME_TBL_IO
Indicator Name PBC Baseline End Target
Trainees who believe that the training received reflects their
0.00 95.00
needs (Percentage)
Women who benefited from the training program
0.00 20.00
(Percentage)
Staff trained in BOSUET-HUET (Number) 0.00 25.00
Action: This indicator has been Revised
Trainees selected as result of a competency audit
0.00 100.00
(Percentage)
Trainees who successfully completed their training program
0.00 90.00
(Percentage)
Trainees that believe that the training received reflects their
0.00 95.00
needs (Percentage)
Women who benefited from the training program
0.00 20.00
(Percentage)
Stakeholders engagement campaign
Assessment on the current existing communications
options/mechanisms and institutional capacity regarding No Yes
communications conducted (Yes/No)
Survey of citizens conducted with summary of findings publicly
0.00 2.00
disclosed (Number)
Action: This indicator has been Revised
Separate focus group discussions for female citizens
0.00 12.00
conducted (Number)
IO Table SPACE
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)
The World Bank
Supporting Gas Project Negotiations and Enhancing Institutional Capacities (P160652)