SENEGAL’S PETROLEUM FUTURE OR A STRANDED ASSET RISK?
Financial Modelling Energy Transition Pricing Scenarios and Potential Government Revenue from the Rufisque Offshore Profond Project
Oxfam is finalizing an analytical report presenting and contextualizing OpenOil’s financial model of the economics and contractual terms of Rufisque Offshore Profond and applicable fiscal regime. This analysis provides insight on the likelihood of Rufisque Offshore Profond going forward and the potential revenues it would produce for the Senegalese government in different price and reserve scenarios. This report is a work in progress with publication anticipated in August 2023 (after the PWYP and EITI conferences in June). It has not undergone peer review and the preliminary findings cited in this document may be modified prior to publication.