Middle East / Africa
Country profile: Senegal
|Location:||Western Africa, bordering the North Atlantic Ocean, between Guinea-Bissau and Mauritania|
|Climate:||tropical; hot, humid; rainy season (May to November) has strong southeast winds; dry season (December to April) dominated by hot, dry, harmattan wind|
|Terrain:||generally low, rolling, plains rising to foothills in southeast|
|Size:||196190 sq. km total (Land area: 192000 sq. km Water area: 4190 sq.km)|
|Population:||12,853,259 (July 2008 est.)|
|Languages:||French (official), Wolof, Pulaar, Jola, Mandinka|
|Legal system:||based on French civil law system; judicial review of legislative acts in Constitutional Court; the Council of State audits the government's accounting office; accepts compulsory ICJ jurisdiction with reservations|
|Currency:||based on French civil law system; judicial review|
Regional leaders created the Economic Community of West African States (ECOWAS) on May 28, 1975 in Lagos, Nigeria. ECOWAS is comprised of 15 countries, which include: Benin, Burkina Faso, Cape Verde, Cote d’Ivoire , The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria , Senegal, Sierra Leone, and Togo. The leaders established ECOWAS to promote regional integration and economic growth in West Africa, as well as to create a monetary union in the region. However, ECOWAS has encountered problems in the process of regional integration including: political instability and lack of good governance that has plagued many member countries, the insufficient diversification of national economies, the absence of reliable infrastructure, and the multiplicity of organizations for regional integration with the same objectives.
The French colonies of Senegal and the French Sudan were merged in 1959 and granted their independence as the Mali Federation in 1960. The union broke up after only a few months. Senegal joined with The Gambia to form the nominal confederation of Senegambia in 1982, but the envisaged integration of the two countries was never carried out, and the union was dissolved in 1989. The Movement of Democratic Forces in the Casamance (MFDC) has led a low-level separatist insurgency in southern Senegal since the 1980s, and several peace deals have failed to resolve the conflict. Nevertheless, Senegal remains one of the most stable democracies in Africa.
Senegal was ruled by a Socialist Party for 40 years until current President Abdoulaye WADE was elected in 2000. He was reelected in February 2007, but complaints of fraud led opposition parties to boycott June 2007 legislative polls. Senegal has a long history of participating in international peacekeeping.
Energy production and consumption
|Production:||2 billion cu m (2006 est.)|
|Consumption:||35,000 bbl/day (2005 est.)||2 billion cu m (2006 est.)|
|Exports:||3,889 bbl/day (2005 est.)|
|Imports:||37,180 bbl/day (2005 est.)|
Senegal - recent news
|06 Sep 20
||Senegal: Woodside acquires Cairn's interest in the Sangomar joint venture offshore Senegal
Woodside has entered into a binding sale and purchase agreement to acquire Capricorn Senegal’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
|27 Aug 20
||Senegal: FAR announces Sangomar update
FAR Ltd has provided an update on its interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) Contract Area, offshore Senegal. FAR continues to progress a sale of all or part of its working interest.
|20 Aug 20
||Petrosen increases its stake in the Sangomar Exploitation Area
FAR Ltd and its Sangomar RSSD joint venture partners have executed documentation confirming State oil company Petrosen’s decision to increase its stake in the Sangomar Exploitation Area from 10 percent to 18 percent.
|17 Aug 20
||Senegal: Woodside pre-empts Sangomar transaction
Woodside has given notice exercising its right to pre-empt the sale by Capricorn Senegal (Cairn) to LUKOIL Upstream Senegal of Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
|27 Jul 20
||Senegal: LUKOIL acquires Cairn Energy's Senegal interests
LUKOIL has concluded an agreement with Cairn Energy to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 mln in cash. The agreement also provides for a potential bonus payment to Cairn Energy of up to $100 mln after the commencement of production.
Senegal - more news
Other countries in this region
- Central Africa Republic,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Equatorial Guinea,
- Guinea (Republic),
- Guinea Bissau,
- Sao Tome,
- Saudi Arabia,
- Sierra Leone,
- South Africa,
- South Sudan,
- United Arab Emirates,
- Western Sahara,