OIL PRODUCTION DIVERSIFICATION PROJECT

OIL PRODUCTION DIVERSIFICATION PROJECT

Sector   :  Energy
Type   :  Public
Project owner   : Ministry of Petroleum

Amount (USD)  :   864,968 millions
Amount (FCFA)  :   432,484 billion FCFA
Niger has oil and gas potential with reserves estimated at over one billion barrels of oil and 23,175 billion m3 of natural gas. Current production is 20,000 barrels per day intended exclusively to supply the Zinder refinery with oil. The diversification of oil production aims to exploit new oil fields in economically profitable areas or reserves already approved to produce more than 110,000 barrels per day.
Benefits

  • Increase in oil production capacity to meet national demand;
  • Export of oil to Niger's neighboring countries that are not oil producers;
  • Export of oil to Niger's neighboring countries that are not oil producers;


CHARACTERISTICS OF THE NEED FOR PARTNERSHIP

Design   :  State / partner
Funding   :  State / partner
Implementation   : State / partner
Operation   : State / partner
Risk sharing   : State / partner