My Financial News from Niger, Finance

from Bing and Google News
Niger , Wednesday 02 September 2026

Coup-hit Niger was betting on a China-backed oil pipeline as a lifeline. Then the troubles began

Published on: Saturday 22 June 2024

Coup-hit Niger was betting on a China-backed oil pipeline as a lifeline. Then the troubles began A China-backed pipeline that would make Niger an oil-exporting country is being threatened by an internal security crisis and a diplomatic dispute with neighoring Benin, both as a result of last year’s coup that toppled the West African nation’s democratic government. The 1,930-kilometer (1,200-mile) pipeline runs from Niger’s Chinese-built Agadem oil field to the port of Cotonou in Benin. It was designed to help the oil-rich but landlocked Niger achieve an almost fivefold increase in oil production through a $400 million deal signed in April with China’s state-run national petroleum company.


News source: https://finance.yahoo.com/news/coup-hit-niger-betting-china-050240898.html

Share this news on:  

RELATED NEWS

» Coup-hit Niger was betting on a China-backed oil pipeline as a lifeline. Then the troubles began
» Niger Finance Minister Rebuffs Pressure To Drop Oil Drive
» Niger State Unveils Landmark Climate Change Policy and Action Plan
» Niger, UN bicker over Rwandan ex-genocide detainees
» EPC contract on offer - Heirs Oil & Gas moves fast to invest in Niger Delta block

HEADLINE NEWS