Niger Signs $1.9 Billion Oil Refinery Deal & Drilling Begins at Kafra Oil Well | Firstpost Africa
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.TIME STAMPS:
00:00 – Niger Expands Energy Ambitions With Strategic Oil & Refining Expansion
00:26 – Drilling Begins At Northern Kafra Well Near Algerian Border
00:48 – Sonatrach Commences Drilling On 260 Million Barrel Reserve Block
01:14 – Sonatrach & Sonidep Initiate Joint Sales Of Nigerien Crude
01:38 – Algeria Starts Jet Fuel Exports To Strengthen Cross-Border Energy Ties
02:02 – Trans-Saharan Gas Pipeline Advances Regional Energy Integration
02:26 – Niger Signs $1.9 Billion Refinery Deal With Canada's Zimar Group
02:50 – 13-Year Build-Operate-Transfer Structure Ensures State Ownership
03:14 – Dosso Project Drives Fivefold Increase In National Refining Capacity
03:38 – Niger Positions To Host West Africa's Third-Largest Petroleum Hub
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Niger | Oil Refinery | Canada | Kafra | Zimar Group | Firstpost
#niger #oilrefinery #canada #kafra #zimargroup #firstpost
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