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
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- US Poised to Become Net Exporter of Crude Oil in 2023
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
Comments