Forwarded from Africa Intel
🇧🇯🇳🇪 Benin says Niger oil pipeline not impacted by sanctions over coup
Benin said on Thursday that work on a major oil pipeline linking it with neighbouring Niger has not been impacted by sanctions imposed on Niamey by leaders of West Africa's regional bloc over last week's military coup, although it could mean a delay.
The PetroChina-backed export pipeline project is expected to link Niger's Agadem oilfield to the Benin port of Cotonou. Total investment in the nearly 2,000 km pipeline, including a second phase development of the Adadem field, is expected to reach $4 billion.
Niger, which currently produces around 20,000 barrels of oil per day (bpd), hopes to boost its output to around 110,000 bpd, of which about 90,000 bpd will be exported through the pipeline.
#Benin #Niger
@africaintel
Benin said on Thursday that work on a major oil pipeline linking it with neighbouring Niger has not been impacted by sanctions imposed on Niamey by leaders of West Africa's regional bloc over last week's military coup, although it could mean a delay.
The PetroChina-backed export pipeline project is expected to link Niger's Agadem oilfield to the Benin port of Cotonou. Total investment in the nearly 2,000 km pipeline, including a second phase development of the Adadem field, is expected to reach $4 billion.
Niger, which currently produces around 20,000 barrels of oil per day (bpd), hopes to boost its output to around 110,000 bpd, of which about 90,000 bpd will be exported through the pipeline.
#Benin #Niger
@africaintel
Forwarded from Rybar in English
🇳🇪🇧🇯 Niger's First Oil Reaches Benin
A quite significant event has occurred in the Sahel region - the construction of the pipeline between Niger and Benin has finally been completed. The US and ECOWAS actively threatened the Nigerien junta with sanctions over this project.
However, contrary to the unsubstantiated claims of Western media, the Niger-Benin oil pipeline has not only been built, but has also been successfully put into operation. Oil from the Agadez field has reached Seme-Kraké in Benin, near the capital Cotonou.
▪️Currently, Niger is producing 20,000 barrels per day, with the mediation of the Chinese CNPC, with whom a new export contract was recently signed.
▪️According to plans, by 2026 Niger will be producing 200,000 barrels per day, making it one of the largest oil exporters in Africa.
▪️For Benin, this pipeline is important, as it is planned to create about 2,000 new jobs for its maintenance. In addition, the Nigerien authorities will pay transit fees for access to Benin's ports.
The commissioning of the pipeline and the supply of oil through it indicates the final settlement of the crisis in relations between Niamey and ECOWAS.
🔻 And all the past threats against the current Nigerien authorities have remained just threats: there was no invasion of Niger, nor a global economic crisis due to the imposed sanctions.
Against the backdrop of deteriorating security situation in Benin, one can expect an intensification of military cooperation, for example, in joint border patrols.
High-resolution map
English version
#Africa #Benin #Niger
@rybar
Support us Original msg
A quite significant event has occurred in the Sahel region - the construction of the pipeline between Niger and Benin has finally been completed. The US and ECOWAS actively threatened the Nigerien junta with sanctions over this project.
However, contrary to the unsubstantiated claims of Western media, the Niger-Benin oil pipeline has not only been built, but has also been successfully put into operation. Oil from the Agadez field has reached Seme-Kraké in Benin, near the capital Cotonou.
▪️Currently, Niger is producing 20,000 barrels per day, with the mediation of the Chinese CNPC, with whom a new export contract was recently signed.
▪️According to plans, by 2026 Niger will be producing 200,000 barrels per day, making it one of the largest oil exporters in Africa.
▪️For Benin, this pipeline is important, as it is planned to create about 2,000 new jobs for its maintenance. In addition, the Nigerien authorities will pay transit fees for access to Benin's ports.
The commissioning of the pipeline and the supply of oil through it indicates the final settlement of the crisis in relations between Niamey and ECOWAS.
🔻 And all the past threats against the current Nigerien authorities have remained just threats: there was no invasion of Niger, nor a global economic crisis due to the imposed sanctions.
Against the backdrop of deteriorating security situation in Benin, one can expect an intensification of military cooperation, for example, in joint border patrols.
High-resolution map
English version
#Africa #Benin #Niger
@rybar
Support us Original msg