Asset Report

Tortue Phase 1 FLNG - Commercial Overview

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Discovered in 2016, Tortue is a giant, deepwater Cretaceous gas field straddling the border of Senegal and Mauritania. The field will be commercialised through an LNG development in phases. First gas from phase 1 is currently scheduled for 2023. In February 2018, Mauritania and Senegal signed an Inter-Governmental Cooperation Agreement (ICA). The agreement splits resources, revenue and costs on a 50:50 basis between both countries under one 'unit regime', with agreed redetermination ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Commercial structure
  • Timeline
  • LNG output
  • LNG contracts
  • Shipping
  • Economic analysis

Tables and charts

This report includes 7 images and tables including:

  • Key facts: Table 1
  • Commercial structure: Image 1
  • LNG output: Image 1
  • Summary economics
  • Breakeven economics (US$/mmBtu)
  • FOB breakeven analysis (post-tax)
  • Tortue Map

What's included

This report contains:

  • Document

    Commercial Overview

    PDF 2.58 MB