BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Oil

Niger's growing oil output ambitions rely on Benin pipeline

Agriculture | Electric Power | Natural Gas | Oil

Market Movers Europe, Nov 19-23: Oil supply, price volatility in focus

Oil

Platts Rigs and Drilling Analytical Report (RADAR)

Oil | Crude Oil | Oil Risk | Petrochemicals | Aromatics | Olefins | Petrochemicals Risk | Polymers | Solvents & Intermediates

S&P Global Platts University (at MEEPEC)

Oil

Iraq says OPEC, allies will address oil price slump at Vienna meeting

Niger's growing oil output ambitions rely on Benin pipeline

Cape Town — Niger's nascent oil industry is targeting production of more than 100,000 b/d in the next two to three years, but hopes rest on matching the landlocked country's output ambitions with its export plans via the construction of a Niger-Benin pipeline.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Niger's crude production is around 20,000 b/d, but output is expected to rise by around 5,000 b/d in January before quadrupling by early next decade thanks to a spate of recent oil discoveries, Abara Mahamadou, a director at the Niger petroleum ministry, said Wednesday.

"In 2021-22, when the pipeline is complete, production would be up by an additional 90,000 b/d," Mahamadou told S&P Global Platts on the sidelines of Africa Oil Week conference in Cape Town.

Niger has been labelled an exploration hotspot by many industry observers and Mahamadou also talked up his resource-laden country's production prospects but was more circumspect about getting this crude to market as there are no export routes.

"The reserves are there. The wells are there. The only problem is we have not had access to the sea. Production is limited to the capacity of the refiner," he noted, given that Niger plans to export its oil via a pipeline that will link its oil fields to the port of Cotonou in Benin.

DISCOVERY OPTIMISM

UK-based Savannah Petroleum recently said it hopes to start producing first oil from its Niger finds early next year.

Oilgram News

Platts Oilgram News brings fast-breaking global petroleum and natural gas news every day covering supply and demand trends, corporate news, government actions, exploration, technology, and much more. Click on the link below and we will set you up with a free trial.

Free Trial

With four oil discoveries this year to date and a fifth well currently drilling, it is targeting 52 million barrels of recoverable oil to begin flowing from the first quarter of 2019.

All of Niger's current crude production is processed at the CNPC-owned 20,000 b/d Soraz refinery.

The bulk of the oil produced by the former French colony is light, waxy crude. Savannah's Niger assets consist of two PSC areas which together cover an area of 13,655 square km, almost half of the Agadem Rift Basin.

The Agadem basin has been in production since 2011 following a first phase of development of the Agadem PSC area by a CNPC-led joint venture.

Niger's oil export options

--Eklavya Gupte, eklavya.gupte@spglobal.com

--Paul Hickin, paul.hickin@spglobal.com