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Senegal slashes oil revenue forecast by 60% through 2028

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  • Global market disruptions prompt major downgrade in fiscal projections
  • Sangomar output beats 2024 target but fails to offset revenue shortfall

Dakar, Senegal – Senegal’s oil revenue projections have been sharply downgraded due to recent disruptions in global oil markets, the Hydrocarbon Revenue Evaluation and Forecasting Committee said in Dakar on Tuesday.

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