Niger's First Oil Reaches Benin via 1,980 km Pipeline, Boosting Production and Jobs

Niger's first oil exports via a $5B, 1,980km pipeline to Benin mark a significant milestone, boosting production, creating jobs, and strengthening regional ties.

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Quadri Adejumo
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Niger's First Oil Reaches Benin via 1,980 km Pipeline, Boosting Production and Jobs

Niger's First Oil Reaches Benin via 1,980 km Pipeline, Boosting Production and Jobs

In a significant development for the region, the first drops of oil from Niger's Agadem oil fields have arrived at the Sémè Kraké oil terminal in Benin via a 1,980 km pipeline. The $5 billion pipeline project, completed in just two years, has a capacity of 110,000 barrels per day (b/d) and is expected to boost Niger's crude production fivefold, transforming the country into a major oil exporter.

The pipeline is expected to initially operate at 90,000 b/d before gradually increasing to its full capacity. This development not only benefits Niger but also offers economic opportunities for Benin, which is expected to see the creation of at least 2,000 new jobs and receive transit duties and tax revenues from the oil passing through its territory.

Why this matters: The completion of this pipeline project is seen as a significant milestone in Niger's economic history and its emergence as a key player in Africa's oil sector. It also strengthens regional cooperation and economic ties between Niger and Benin.

Experts have hailed the launch of this platform as a significant development for the region. "The first drops of oil from Niger's Agadem oil fields have arrived at the Sémè Kraké oil terminal in Benin via a 1,980 km pipeline," confirmed a spokesperson for the project.

The successful completion of the Niger-Benin pipeline marks a new chapter in Niger's oil industry, boosting its production capacity and opening up new export opportunities. It also demonstrates the potential for regional infrastructure projects to drive economic growth and create jobs in West Africa.

Key Takeaways

  • Niger's first oil exports arrive in Benin via a 1,980 km pipeline.
  • $5 billion pipeline project boosts Niger's crude production fivefold.
  • Pipeline expected to create 2,000 new jobs and generate transit duties for Benin.
  • Milestone in Niger's economic history and emergence as a key African oil player.
  • Project strengthens regional cooperation and economic ties between Niger and Benin.