Wednesday, 28 October 2026

Français

Investment

Senegal: €530 million to invest in future national gas pipeline network

Réseau gazier du Sénégal (RGS) is opening three pipeline sections to investors. On offer: a 15-year concession, a guaranteed tariff and a stated internal rate of return (IRR) of 20%. Construction is due to start in 2027.

Senegal wants to burn its own gas in its power plants and factories. To do so, it needs pipes. On 12 October 2026, at African Energy Week in Cape Town, RGS Managing Director Pape Momar Lô presented to investors three segments of the future national network, named Green, Blue and Orange. He confirmed the call to Reuters three days later.

The total requirement is €530 million, or nearly CFA francs 348 billion. These sections extend the North segment, the only project under way to date. Launched on 10 September 2026 at Gandon, in the Saint-Louis region, it links the GTA field hub to a 250 MW power plant. It was 25.8% complete in mid-October.

In time, the network is meant to connect the country's three production sources, GTA, Yakaar-Teranga and Sangomar, to power plants, independent power producers and industrial users, as far as the Dakar region.

The three segments on offer

Green segment: 110 km for €220 million, with a capacity of 300 million standard cubic feet per day (MMscf/d). It will carry surplus GTA gas to the Blue and Orange networks.

Blue segment: 100 km for €180 million, with a capacity of 713 MMscf/d. It will serve the central zone (Tobène, Mboro, Cap des Biches, Sendou), covering six power plants and six industrial sites.

Orange segment: 45 km for €130 million, with a capacity of 300 MMscf/d. It will link Sendou to Malicounda and supply six industrial sites and one power plant.

Opportunity factsheet

Sponsor: Réseau gazier du Sénégal (RGS), a public limited company with majority public ownership, created in 2019 and holder of the exclusive concession for gas transport by pipeline.

Amount sought: €530m.

Model: 15-year renewable concession, with a tariff covering investment and operation, stated IRR of 20%.

Remuneration: the network access tariff, set by the Commission de régulation du secteur de l'énergie (CRSE), the energy sector regulator.

Timetable: construction to start in 2027, with commissioning targeted for 2029.

Profiles sought: lenders, infrastructure funds, project finance partners.

Contact: RGS general management, via the official website rgs.sn.

Gisement's view:

The regulated model, with a tariff set by the regulator, limits commercial risk. The real risk lies elsewhere: it depends on the pace at which the connected power plants and factories come on stream, and on the volumes actually delivered by GTA, Yakaar-Teranga and Sangomar.

This announcement is published for information purposes only and does not constitute investment advice.

Réseau gazier du SénégalRGSSenegal gas pipelinesnational gas pipeline networkPape Momar LôSenegal gas investmentAfrica investment opportunitygas infrastructure financing€530 millionGreen segment

The free Gisement newsletter

Every morning, Africa’s mining, oil and energy headlines in your inbox.

Comments

To comment, please use the French edition of this article.