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Niger s maiden crude cargo set to load from Benin s Seme | Hellenic Shipping News Worldwide

Niger s maiden crude cargo set to load from Benin s Seme | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Major oil pipeline set to help fuel Niger s growth

By EDITH MUTETHYA in Nairobi | China Daily Global | Updated: 2020-12-10 10:18 Share CLOSE The 1,950-kilometer Niger-Benin oil pipeline, constructed by the China National Petroleum Corporation, is expected to increase Niger s oil production from the current 20,000 barrels a day to 120,000 barrels in 2024. The $7 billion pipeline that is seen as a symbol of hope, upon which several major development projects depend, is set to transport crude oil to global markets, via the port of Seme on the coast of Benin from Niger s oil-prolific Agadem basin. According to the African Energy Chamber, Niger s overall growth rates are expected to reach double digits for the decade after the completion of the pipeline in 2024.

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