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Senegal’s Sandiara Gas-to-Power Plant to Begin Construction in 2024

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Sandiara

Consulting firms TSK and LFR Energy have partnered on the development of the Sandiara Power Plant project to reduce electricity deficits and develop a regional energy hub

NOUAKCHOTT, Mauritania, July 17, 2023/APO Group/ — 

Spanish construction company TSK, which provides sustainable solutions and services to the industrial and energy sectors, has partnered with LFR Energy – a subsidiary of Senegalese holding company LFR which invests in energy, hotel, and real estate projects – for the construction of the Sandiara Power Plant, a gas-to-power facility located in Senegal’s Special Economic Zone (SEZ).

Construction is slated to begin in 2024.

Speaking in an exclusive interview with Energy Capital & Power (ECP), LFR CEO Pierre Diouf stated that “the consortium has ambitions to build the largest gas-to-power plant in Senegal with the objective to develop Sandiara as a regional energy hub through the exploitation of the country’s gas and oil resources.”

The power plant comprises a combined cycle power station (CCG) that uses Siemens Energy SGT-800 gas turbines to meet industrial power generation demands. With a capacity of 360 MW and utilizing natural gas resources, the project is estimated to have an annual production capacity of 2,900 GWh. CCG plants are well-known for their dependability as well as ability to run on a variety of fossil fuels, making them an appealing alternative for fulfilling the rising need for power production capacity. In the case of a gas supply outage, the power plant will be able to function on light crude oil as an alternate fuel source.

“TSK has expertise creating CCG power plants, which offer sophisticated technological design and highly efficient power producing capabilities,” Diouf stated, adding that the plant has the potential to integrate resources, “…perhaps with solar energy as well, since we intend to build photovoltaic panels near the plant.”

The power plant comprises a combined cycle power station (CCG) that uses Siemens Energy SGT-800 gas turbines to meet industrial power generation demands

Still, the power plant will mostly run on domestic gas obtained from Senegal’s western hydrocarbon reserves, most likely the Greater Tortue Ahmeyim (GTA) and Yakaar Teranga gas basins. “Gas from GTA will be mostly used for export,” Malick Guaye, First Deputy of the Municipality of Sandiara, who is in charge of the energy projects in the SEZ, told ECP. “Sangomar has gas, but it is mostly an oil field, and first gas from Yakaar-Teranga will be exclusively for domestic use, making it the most appropriate field for the project.” The gas will be transferred to the power plant via a pipeline connecting Sandiara and the Malicounda power station, which is currently under construction.

LFR plans to begin construction of the facility in the first quarter of 2024, with the goal of having it operational by 2026. The project will be funded by loans, mostly from the Emirati investment fund Al Furqan Credit, with the remaining half (around 15 to 20%), financed by shareholder equity. The project will be structured in accordance with Senegalese law governing public-private partnerships while the produced electricity, a portion of which will be dedicated to SEZ demands, will be provided by the state utility SENELEC under a 25-year power purchase agreement.

Surplus electricity will be exported to West African neighboring nations, with Diouf stating that “Niger has already expressed interest in our project and Mali has initiated a similar project in Sandiara to power mining plants near the Senegalese border. The municipality suggested they partner with us to build the pipeline infrastructure.”

Guaye added that, “Currently, many West African countries have a power deficit, and it is cheaper for them to buy electricity directly from us instead of transporting natural gas.”

“But the main focus of the project remains Senegal,” concluded Diouf. The project itself provides several benefits to the country, including reducing Senegal’s electricity deficit, creating direct and indirect job opportunities, promoting industrial development for both large and small- to medium enterprises, and transferring technology and competencies to the local workforce.

Overall, the project aims to combat power outages, lower electricity costs, stimulate economic growth, and enhance regional cooperation, a key goal at the heart of the MSGBC Oil, Gas & Power 2023 exhibition and conference (https://apo-opa.info/3rB3QX2). The event will take place in Nouakchott from November 21–22 and is expected to unite a strong slate of regional and global energy players, brightening the future of the region through the signing of deals and forging of partnerships. 

Distributed by APO Group on behalf of Energy Capital & Power.

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Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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