Middle East / Africa
Country profile: Gambia
| Location: | Western Africa, bordering the North Atlantic Ocean and Senegal |
| Climate: | tropical; hot, rainy season (June to November); cooler, dry season (November to May) |
| Terrain: | flood plain of the Gambia River flanked by some low hills |
| Size: | 11300 sq. km total (Land area: 10000 sq. km Water area: 1300 sq.km) |
| Population: | 1,501,050 (July 2003 est.) |
| Languages: | English (official), Mandinka, Wolof, Fula, other indigenous vernaculars |
| Government: | republic under multiparty democratic rule |
| Capital city: | Banjul |
| Legal system: | based on a composite of English common law, Koranic law, and customary law; accepts compulsory ICJ jurisdiction, with reservations |
| Currency: | dalasi (GMD) |
| Licensing: |
Country profile
The Gambia gained its independence from the UK in 1965; it formed a short-lived federation of Senegambia with Senegal between 1982 and 1989. In 1991 the two nations signed a friendship and cooperation treaty. A military coup in 1994 overthrew the president and banned political activity, but a 1996 constitution and presidential elections, followed by parliamentary balloting in 1997, completed a nominal return to civilian rule.
The country undertook another round of presidential and legislative elections in late 2001 and early 2002. The Gambia is one of the 15 countries that make up the Economic Community of West African States (ECOWAS). ECOWAS members include: Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. ECOWAS was created on May 28, 1975 in Lagos, Nigeria. It was established to promote cooperation and integration in order to create an economic and monetary union for promoting economic growth and development in West Africa.
Energy production and consumption
| Oil | Gas | |
| Production: | 1 2001 est | NaN |
| Consumption: | 1,900 2001 (est.) | NaN |
| Exports: | NaN NA (2001) | NaN |
| Imports: | NaN NA (2001) | NaN |
| Reserves: | NaN | NaN |
| Major fields: |
Gambia - recent news
| 18 Nov 22 |
Gambia: PetroNor E&P renews A4 Licence offshore The Gambia PetroNor has decided to exercise its right to continue with the Petroleum, Exploration, Development and Production Licence Agreement ('PEPLA') for the A4 licence in The Gambia. |
| 19 Oct 22 |
Gambia: PetroNor receives one month extension of Longstop date for the A4 Licence offshore the Gambia PetroNor has received an additional 30 day extension to the Longstop date of the A4 Licence option in order to provide time for finalisation of plans regarding the future of the Licence, including ongoing discussions with potential partners. |
| 26 Aug 22 |
Gambia: FAR takes 100 per cent ownership in The Gambia Blocks A2 and A5 FAR has acquired an additional 50% interest in Blocks A2 and A5 offshore The Republic of The Gambia, giving FAR a 100% working interest. The interest was acquired from a subsidiary of PETRONAS. FAR has initiated a process to find partners to fund the forward exploration programme. |
| 29 Mar 22 |
Gambia: FAR to retain Woodside Contingent Payment for Senegal asset and seeks farmout of its Gambia licences FAR has determined that retaining the Woodside Contingent Payment for its Senegal asset within FAR is more effective than demerging the payment into a new entity. FAR is now focused on strategies to maximise the value of its exploration portfolio in The Gambia, including farm-out options or outright sale. |
| 21 Feb 22 |
Gambia: FAR provides update on Blocks A2 and A5 offshore The Gambia FAR Limited has completed a review of the prospectivity of the A2 and A5 blocks offshore The Gambia, following the Bambo drilling campaign in late 2021. FAR will commence a farm-down of its interest in blocks A2 and A5 and in doing so, seek a carry on the cost of a well for drilling in late 2023 and a contribution to FAR’s past costs. |
Gambia - more news
Other countries in this region
- Algeria,
- Angola,
- Bahrain,
- Benin,
- Botswana,
- Burundi,
- Cameroon,
- Central Africa Republic,
- Chad,
- Comoros,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Djibouti,
- Egypt,
- Equatorial Guinea,
- Eritrea,
- Ethiopia,
- Gabon,
- Ghana,
- Guinea (Republic),
- Guinea Bissau,
- Iran,
- Iraq,
- Israel,
- Jordan,
- Kenya,
- Kuwait,
- Lebanon,
- Liberia,
- Libya,
- Madagascar,
- Malawi,
- Mali,
- Mauritania,
- Mauritius,
- Morocco,
- Mozambique,
- Namibia,
- Niger,
- Nigeria,
- Oman,
- Palestine,
- Qatar,
- Rwanda,
- Sao Tome,
- Saudi Arabia,
- Senegal,
- Seychelles,
- Sierra Leone,
- Somalia,
- Somaliland,
- South Africa,
- South Sudan,
- Sudan,
- Syria,
- Tanzania,
- Togo,
- Tunisia,
- Uganda,
- United Arab Emirates,
- Western Sahara,
- Yemen,
- Zambia,
- Zanzibar,
- Zimbabwe
