Senegalese Prime Minister Ousmane Sonko said a government review showed that British major BP's contract to develop the Grand Tortue Ahmeyim's natural gas project was unfair and "one-sided," Reuters reported on March 12. Sonko also announced that the Senegalese government has almost completed talks to nationalize the Yakaar-Teranga natural gas project, revoked 71 mining licences due to operators failing to abide by contractual terms, and froze the account of a subsidiary of Singapore-based Indorama Corp. until it paid the state 250 billion CFA francs ($440 million).

Senegalese President Bassirou Diomaye Faye was elected in March 2024 on pledges to renegotiate the country's oil and gas contracts, and one of his first measures taken as president was to direct an audit to that effect in April 2024. In December 2025, Senegal's energy minister announced plans to nationalize the Yakaar-Teranga project to ensure it focused on meeting the country's domestic gas needs. The current operator, U.S. upstream energy company Kosmos Energy, swiftly responded, stating it had received confirmation from the Senegalese government that it had no intention to nationalize the project. Kosmos Energy's licence for Yakaar-Teranga expires in July.