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Gambia: Oil - Gambian Government Signs Exploration Contract With BP

11/06/2019
Source : The Point (Banjul)
Categories: Raw materials

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The Gambian government announced on Tuesday, April 30, 2019, the signing of an oil exploration contract with the company British Petroleum (BP), we learned from a media source. Quoted by Reuters, Fafa Sanyang, the Gambian Minister of Petroleum and Energy, said that the contract concerns the offshore block called A1.

This same block withdrawn from the African Petroleum company in 2017 by the Gambian State is the subject of a dispute (not yet resolved) before the arbitration commission of the World Bank. According to Reuters, the Gambian government and BP have not provided financial details of their agreement.

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