Senegal Raises 2025 Oil Output Forecast

Senegal has raised its 2025 oil output forecast for the Sangomar offshore field operated by Australia's Woodside Energy Group to 34.5 million barrels from 30.53 million, the energy ministry said on Monday.

The Sangomar field started output in June 2024, making Senegal an oil-producing nation.

From January to August, Sangomar produced more than 24 million barrels of crude oil, according to an energy ministry statement published on X.

(Reuters)