Banda Gas to Power Guarantee

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The development objective of the Banda Gas to Power Project for Mauritania, Senegal, Mali is to enable production of natural gas for generation of electricity to reduce the cost and increase the supply for Mauritanian households and industry, and enable regional integration through exports of electric power from Mauritania to Senegal and Mali. The project comprises of three components. The first component, the upstream Banda offshore gas field production, transmission, and processing infrastructure (the Banda Gas Project) consists of two sub-sea wells tied back to an onshore gas processing plant via a subsea production manifold and a 10-inch sub-sea pipeline. The second component, power generation from Banda gas in Mauritania (the societe de production d'electricite a partir du gaz (SPEG Power Project) is designed to be implemented in two phases to match the evolution of electricity demand in Mauritania (and the region) and optimize capital allocation. The third component is providing existing and new power transmission lines to evacuate power to the delivery points.