Niger Set to Begin Oil Exports Through Benin Pipeline in January
(Reuters) — Niger expects to export its first barrels of crude oil through a new Niger-Benin pipeline in January, the country's military leader Abdourahamane Tiani said on state television.
The PetroChina-backed export pipeline project was officially launched on Nov. 1, linking Niger's Agadem oilfield to the Benin port of Cotonou.
Storage tanks in Cotonou are currently being filled and should be done by January, when the commercialization phase will start, Tiani said in an interview on Niger's RTS channel on Sunday.
Niger will get a 25.4% of the 90,000 barrels of a day (bdp) that will be exported through the pipeline, he said.
The West African country currently has a small oil refinery with capacity of around 20,000 bpd which mostly supplies Niger's domestic fuel market.
It aims to refine more oil locally, said Tiani, who seized power as the head of a military junta in a coup in July.
"Our desire is not to market crude oil. We want to move towards a refinery which will process Nigerien crude on Nigerien soil," said Tiani, adding that Niger has not benefited enough from its natural resources.
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Kinder Morgan Declares Force Majeure on West Texas Gas Pipeline After Fire
- Venezuela Proposes Alternative Payment Plan as Weak Bids Surface in Citgo Auction
- Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
- Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
- Shell Nigeria Inks $100 Million Gas Pipeline Deal with Oyo State
Comments