Middle East / Africa

Mauritania flag
Summary | Profile

Country profile: Mauritania

Location: Northern Africa, bordering the North Atlantic Ocean, between Senegal and Western Sahara
Climate: desert; constantly hot, dry, dusty
Terrain: mostly barren, flat plains of the Sahara; some central hills
Size: 1030700 sq. km total (Land area: 1030400 sq. km  Water area: 300 sq.km)
Population: 3,364,940 (July 2008 est.)
Languages: Arabic (official), Pulaar, Soninke, French, Hassaniya, Wolof
Government: Democratic Republic
Capital city: Nouakchott
Legal system: a combination of Islamic law and French civil law; has not accepted compulsory ICJ jurisdiction
Currency: ouguiya (MRO)
Licensing:

Country profile

Mauritania, located on the northwest coast of Africa, gained its independence from France in 1960. In August 2005, a bloodless coup ousted President Taya, who had come to power in a coup in 1984, and installed a military council led by Colonel Ely Ould Mohamed Fal. The military council has stated its intention of remaining in power for up to two years while it works to create a democratic institution and hold organized elections. Under former President Taya, the Mauritanian government worked to reduce poverty, improve the health and education systems and promote privatization of government-owned businesses.

Historically, Mauritania has experienced economic growth from the iron ore and fishing industries. However, in February 2006, Mauritania began producing oil for the first time, and oil stand to bolster future economic growth in the country. Mauritania's real gross domestic product (GDP) grew an estimated 5.4 percent in 2005 and is projected to grow by 26.0 percent in 2006. Currently, Mauritania is the poorest country in the Arab Maghreb Union (AMU) which includes the countries Morocco , Tunisia , Algeria and Libya . Mauritania’s per capita income is only $443, with almost 30 percent of the population living on less than $1 a day, and 69 percent living on less than $2 a day. Despite government reforms set in place since 1992, Mauritania still experiences occasional periods of high inflation. In the second half of 2004, prices rose because of food shortages, bringing the inflation rate for the year to 10.1 percent. In 2005, due in part to high oil prices, inflation remained high at 14.0 percent. An 8.0 percent inflation rate is forecast for 2006.

In 2002, Mauritania completed the World Bank/International Monetary Fund (IMF) heavily indebted poor countries (HIPC) initiative. This led to debt relief of $1.1 billion, which almost halved Mauritania's net debt burden. Despite its improving economic environment, Mauritania remains vulnerable to several sources of instability. With an economy strongly reliant upon primary products (mining, fishing, and agriculture), fluctuations in international markets, as well as external shocks like weather, can have a profound impact on Mauritania. In 2006, the U.S. government removed Mauritania from eligibility for the African Growth and Opportunity Act (AGOA) , due to not meeting requirements set forth under the act. To maintain eligibility status for the AGOA, African countries are required to have established, or be working towards the establishment of various reforms set forth under section 506A(a)(1) of the AGOA, which include market-based economies, the rule of law and political pluralism, protection of human rights and worker rights and policies to reduce poverty.

Energy
In February 2006, Mauritania began producing its first oil from the Chinguetti oilfield , which is located offshore 56 miles southwest of Nouakchott. The field has estimated proven reserves of 123 million barrels of oil. Currently, the field is producing around 15,000 barrels per day (bbl/d), but output is expected to reach capacity of 75,000 bbl/d by the end of 2006. Woodside Petroleum operates the Chinguetti field with a 47.38 percent interest and is joined with partners Hardman Resources (19.01 percent), Mauritanian-government controlled Société Mauritanienne des Hydrocarbures (12 percent), BG Group (10.23 percent), Premier Oil (8.12 percent) and Roc Oil (3.25 percent). The Mauritanian government created the national oil company in 2004.

In addition to Chinguetti field, Mauritania possesses several other promising offshore oil and gas fields. The Tiof oilfield, which is located 16 miles north of the Chinguetti field, may contain up to 350 million barrels of oil. The Tiof-6 exploration well was drilled successfully in February 2005. Woodside and its partners believe that the field may start producing at 50,000 bbl/d in mid-2007, with production potentially rising to 150,000 bbl/d in 2008. The Banda field, located 12 miles east of Nouakchott, may contain natural gas reserves of 3-5 trillion cubic feet (Tcf), while the Pelican natural gas field is estimated to hold 1 to 1.5 Tcf. UK-based Dana Petroleum is working with LNG operators to determine development options for the Pelican field.

With Mauritania's best offshore blocks under contract, other companies have lined up to explore onshore blocks, particularly in the Taoudeni Basin in the northeastern part of the Mauritanian desert. In January 2005, France's Total signed two production sharing contracts, covering nearly 22,394 square miles. Spain's Repsol, China National Petroleum Co. and Woodside Petroleum are among the companies that have been awarded Taoudeni blocks.

In March 2005, the Mauritanian government created a separate ministry of oil and energy to handle the energy portfolio. The ministry is headed by Mohamed Aly Ould Sidi Mohamed. In 2005, Mauritania imported 24,000 bbl/d of petroleum products, as its refinery is not in use. Mauritania also consumes a significant amount of "non-commercial" (i.e., wood, biomass) energy.

Energy production and consumption


Oil Gas
Production: 75,000 bbl/day (2006 est.)  
Consumption: 20,000 bbl/day (2006 est.)  
Exports:    
Imports: 19,960 bbl/day (2004 est.)  
Reserves:    
Major fields:



Mauritania - recent news

20 Feb 24
Mauritania/Senegal: Pioneering Spirit completes infield pipelay scope for BP’s ultra-deepwater GTA LNG project offshore Mauritania
Pioneering Spirit has completed the infield pipelay scope for BP’s ultra-deepwater GTA liquified natural gas project offshore Mauritania and Senegal. Two months after arriving in the field, production crew welded, scanned and field joint coated the final piece of pipe for the second 16-inch export gas line.
15 Feb 24
Mauritania/Senegal: GTA LNG project reaches major milestone with arrival of FLNG vessel
The floating liquefied natural gas (FLNG) vessel that is a core component of the Greater Tortue Ahmeyim (GTA) LNG project has arrived at its destination on the Mauritania and Senegal maritime border. The FLNG vessel, Gimi, is at the heart of the GTA Phase 1 development, operated by bp with partners, Kosmos Energy, PETROSEN and SMH.
08 Jan 24
Mauritania/Senegal: Petrofac expands role with bp in West Africa
Petrofac has secured a three-year operations services contract from bp for its Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal. The multi-million-dollar Master Services Agreement covers a wide scope of services. These include, but are not limited to, onshore and offshore management and supervision, provision of personnel, and equipment maintenance.
20 Nov 23
Mauritania/Senegal: FLNG Gimi delivered from Seatrium Shipyard and sailing for Greater Tortue Ahmeyim hub
Golar LNG has announced that the FLNG Gimi has departed Singapore’s Seatrium Shipyard and is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater Tortue Ahmeyim ('GTA') hub offshore Mauritania and Senegal.
05 Oct 23
Mauritania/Senegal: Allseas awarded pipelay works for bp’s Greater Tortue Ahmeyim gas project
bp has selected Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas will undertake GTA offshore pipelay works early December 2023 using the world’s largest construction vessel Pioneering Spirit.

Mauritania - more news

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