the national oil company begins its first exploration and exploitation operations

the national oil company begins its first exploration and exploitation operations
the national oil company begins its first exploration and exploitation operations

The Nigerien Petroleum Company (SONIDEP), the national company, launched its first prospecting and exploitation operations in the east of the country on Saturday, public radio said on Sunday.

“Today, June 22, our hydrocarbon company SONIDEP officially starts its upstream oil activities as a national operator,” Nigerien Prime Minister Ali Mahaman Lamine Zeine said on Saturday during a ceremony in Haïdara. , in the Diffa region (south-east), located a thousand kilometers from Niamey.

Since its creation in 1977, SONIDEP has mainly been confined to the marketing of petroleum products.

It “is launching today into the exploration and exploitation of crude oil and gas. It’s a big challenge,” said Mr. Zeine in his speech broadcast on public radio on Sunday.

“Niger has decided to produce its own oil to ensure its economic sovereignty” and “maximize profits for the benefit of our people,” declared, for his part, customs colonel Ali Seibou Hassane, during the ceremony.

On March 2, the Council of Ministers, chaired by General Abdourahamane Tiani, Head of State, adopted two Production Sharing Contract (CPP) decrees between the State of Niger and SONIDEP.

These contracts concern an oil block in Bilma (north-east, Agadez region) and three others in Agadem (east, Diffa region), which already hosts oil wells operated since 2011 by the China National Petroleum Corporation (CNPC).

Since 2011, Niger has been refining some 20,000 barrels per day, mainly diesel and gasoline in Zinder, in the center-east of the country.

-

-

PREV Keep Trying To Make Your Kids Laugh, Study Shows It’s Good For Their Health
NEXT Trump promises Zelensky to ‘end the war’ in Ukraine