Niger is entering a new era by launching its first oil exploration and exploitation operations.
A new beginning for Niger
On June 22, 2024, the Nigerien Petroleum Company (SONIDEP) officially started its oil exploration and exploitation activities in the Bilma and Agadem regions. According to Ali Mahamane Lamine Zeine, Prime Minister of Niger, this strategic transition is a real challenge, but also a source of national pride. By taking control of the exploitation of its natural resources, Niger hopes to strengthen its control and valorization of hydrocarbons.
SONIDEP’s direct involvement in the oil sector is seen as essential to guarantee Niger’s economic sovereignty. Ali Seibou Hassane, director general of SONIDEP, underlined the importance of this development for the country. “Since 2011, Niger has become an oil producer. Today, it has decided to produce its own oil to ensure its economic sovereignty thanks to the will of the National Council for the Protection of the Fatherland“, did he declare. Experts believe that this approach could transform the Nigerien economic landscape by diversifying its sources of income and increasing profits from hydrocarbons.
Still in conflict with Benin
However, this strategic shift will not be without challenges. Niger will need to strengthen its technical and managerial capacities to succeed in this transition. Detailed geological studies, exploratory drilling and the establishment of modern production facilities will be required. Additionally, it will be important to develop robust regulatory frameworks to attract and secure foreign investment. The training of local human resources will also play a key role in the success of this new orientation.
The launch of these operations comes in a context of diplomatic tensions with Benin, which affects Niger’s oil exports. An oil pipeline of almost 2,000 km, intended to transport crude from Agadem to the Beninese port of Sèmè-Kpodji, remains closed because of diplomatic quarrels. Despite everything, Niger’s determination to become a key player in the oil sector in West Africa remains intact.
