November 17, 2017
Today, the U.S. Trade and Development Agency and U.S. industry launched the U.S. Gas Infrastructure Exports Initiative to facilitate partnerships that can connect U.S. expertise to countries seeking to build, enhance, or improve their natural gas infrastructure.
As part of the Initiative, USTDA is announcing a reverse trade mission for Senegalese public sector representatives to visit the United States for meetings with leaders in the U.S. gas industry, as the U.S. is home to some of the most reliable and advanced natural gas equipment and services providers in the world. The itinerary will also allow delegates to see cutting-edge U.S. technologies and equipment, and learn best practices from leaders in the industry.
Senegal faces very high energy costs. The itinerary for the reverse trade mission will align with Senegal’s gas sector goals to reduce the cost of energy for consumers. Natural gas supplies in the U.S. have led to lower energy prices, and, with the proper infrastructure, the Senegal’s natural gas discoveries have the potential to do the same. The reverse trade mission is proposed to take place in March 2018 and, in addition to Senegalese public sector representatives, will also include participants from the U.S. Embassy Dakar and the U.S. interagency.
As part of the Gas Initiative, USTDA is also announcing a call for gas-related project proposals for project preparation grants. USTDA grant funding typically ranges between $500,000 to $1 million USD. For over 35 years, USTDA’s programs have facilitated U.S. private sector participation in gas projects in emerging economies.
“We are proud to partner with U.S. industry on launching this important Initiative, which will facilitate new partnerships to build, enhance, or improve gas infrastructure in emerging markets, while connecting U.S. businesses to new opportunities,” said USTDA’s Acting Director Thomas R. Hardy.
Under the Initiative, USTDA can use its proven toolkit to support natural gas development in Senegal, providing early stage project preparation assistance that informs how gas projects will ultimately be designed and implemented.
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