Niger Signs $1.9 Billion Oil Refinery Deal & Drilling Begins at Kafra Oil Well
Niger is expanding its oil and gas infrastructure to become a petroleum powerhouse in West Africa. Niamey has signed a $1.9 billion deal with a Canadian firm called the Zimar Group, to build a 100,000-barrel-per-day oil refinery in the city of Dosso. Meanwhile, drilling has commenced at the Kafra oil well in northern Niger. Drilling at Kafra is being done by Algeria’s state-owned oil company, Sonatrach. Algiers is also deepening energy ties with Niamey, and Niger’s state-owned oil and gas firm, SONIDEP. Firstpost explains how Niger and Algeria are coming together for everything from joint oil sales to the Trans-Saharan Gas Pipeline Project, and what this could mean for Niamey’s petrochemical industry.
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