{"id":490312,"date":"2026-04-24T11:12:03","date_gmt":"2026-04-24T11:12:03","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/04\/24\/senegal-petrosen-to-exclusively-recover-the-license-of-the-yakaar-teranga-gas-block\/"},"modified":"2026-04-24T11:12:13","modified_gmt":"2026-04-24T11:12:13","slug":"senegal-petrosen-to-exclusively-recover-the-license-of-the-yakaar-teranga-gas-block","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/04\/24\/senegal-petrosen-to-exclusively-recover-the-license-of-the-yakaar-teranga-gas-block\/","title":{"rendered":"Senegal: PETROSEN to exclusively recover the license of the Yakaar-Teranga gas block"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Senegalese Prime Minister Ousmane Sonko announced on Thursday, April 23, 2026, the signing yesterday of a joint withdrawal agreement between Kosmos Energy and PETROSEN from the offshore Cayar block license, known as Yakaar-Teranga. This agreement, concluded without financial compensation for the Senegalese state, paves the way for a reassignment of the license, which is expected to be exclusively entrusted to the national company PETROSEN, subject to validation by ministerial decree.<\/p>\n<p>Considered one of the most promising deposits in the Senegalese sedimentary basin, Yakaar-Teranga was initially awarded to Frank TIMIS in a context deemed opaque by the current authorities, along with the Saint-Louis block, shared with Mauritania. The resumption of this permit is the logical continuation of the expressed desire by the Diomaye-Sonko governance to review the oil and gas contracts inherited from previous regimes, with the aim of strengthening national sovereignty over natural resources.<\/p>\n<p>The Senegalese Prime Minister welcomes this development as the culmination of a decade of efforts towards better governance of the extractive sector. Ousmane Sonko hopes to see other contractual revisions occur as part of this policy of rebalancing energy partnerships.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Senegalese Prime Minister Ousmane Sonko announced on Thursday, April 23, 2026, the signing yesterday of a joint withdrawal agreement between Kosmos Energy and PETROSEN from the offshore Cayar block license, known as Yakaar-Teranga. This agreement, concluded without financial compensation for the Senegalese state, paves the way for a reassignment of the license, which is expected<\/p>\n","protected":false},"author":532218,"featured_media":490318,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/04\/24\/senegal-petrosen-va-recuperer-en-exclusivite-la-licence-du-bloc-gazier-yakaar-teranga\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12028,12046,12036],"tags":[],"class_list":{"0":"post-490312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-energy","8":"category-leaders-en","9":"category-sectors","10":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Senegal: PETROSEN to exclusively recover the license of the Yakaar-Teranga gas block - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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