London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Https://visages-du-benin.com/benin-niger-des-signes-dassouplissement-cote-niamey/?amp=1
The Niger-Benin pipeline remains undoubtedly outside the field of tension between the two countries.
In recent months, the Beninese authorities followed by those of ECOWAS have reviewed their positions and decisions against Niger. However, Niamey remains marble for the moment except... on the issue of exporting his oil with the pipeline that crosses the entire Beninese territory to end up at the port of Cotonou.
According to several media, the Niger-Benin pipeline is officially put into service on March 1, 2024 and production immediately started in the city of Agadem. According to the same sources, the oil loading of the 1st ship is scheduled from May 1, 2024 at the Port of Cotonou.
Read: https://visages-du-benin.com/interets-economico-petroliers-entre-le-benin-et-le-niger-quand-loleoduc-se-passe-de-la-fermeture_des_frontieres/
And it is this framework that Niamey will send, from March 3 to 8, 2024, a strong delegation of senior Nigerian customs officials to Cotonou. According to Peace FM, this delegation is composed of:
- Colonel ABDOULAYE ALIDOU MAIGA, Director of Facilitation, Partnership, Economic and Private Regimes, Head of Mission;
- Colonel ADAMOU ABDOU ZAROUMEYE, Director of Regulation and Customs Cooperation;
- Colonel AMADOU ADAMOU SINKA, Director of Audit and Internal Control;
-Mr. KARIMOUNE KORONE MAMOUDOU, Computer Scientist;
- Commander AMADOU HIMA FOURERA, Central Customs Inspector, Auditor at the Niamey Airport Customs Office.
This decision by the current leaders of Niger, which comes a few days after the lifting of ECOWAS sanctions, is a sign of relaxation in response to the outstretched hand of President Patrice TALON and the other countries of the West African Community.
Https://www.24haubenin.info/?Le-pipeline-Benin-Niger-deja-operationnel#google_vignette
Niger can sell its crude oil on the international market through the port of Sèmè-Kpodji in Benin. The pipeline built for this purpose is already operational.
With a length of nearly 2000 km, including 675 km on Beninese territory, the Benin/Niger pipeline is officially put into service. Production immediately started in Agadem, and the loading of the 1st ship scheduled for May 1, 2024.
Investments made in the construction of the Benin/Niger pipeline, according to a publication by Jeune Afrique, are estimated at $6 billion, including $4 billion to develop the oil fields (in Agadem), and $2.3 billion for construction work. The infrastructure commissioned is expected to produce 200,000 barrels of oil per day in 2026.
Savannah and AK need an aggressive plan for Niger 1.5k Bopd is no longer enough, they should straight target 5,000 Bopd and plan a pathway for 10,000 Bopd. Have some conversation with CNPC to secure some pipeline capacity as well
TL
" Niamey remains marble for the moment except" Let's hope he hasn't lost them :)
remains unmoved or impassive
Noix - seems like both are willing to corporate in oil and transport related matters so clearly that’s outside of scope of other relations.
With first loading targeted for 1 week of May seems like they both need the revenues from oil
Plenty of news outlets now reporting Niger pipeline commencement and oil production commencing in agadem
https://www.rfi.fr/fr/afrique/20240302-le-pipeline-niger-bénin-officiellement-mis-en-service?utm_medium=social&utm_campaign=x&utm_source=shorty
With our correspondent in Cotonou, Jean-Luc Aplogan
It was the Chinese company CNPC, in charge of the project, that informed its partners of the commissioning. The oil that comes out of the Agadem drilling in Niger can therefore now be injected into the pipeline to be transported to the terminal station in Sèmè Kpodji, Benin. Before arriving at the terminal, there are nine tanks to be filled on the route: six in Niger and three in Benin.
According to our interlocutors, this process conditions the first exports. It must be completed before considering the first exports of Nigerian oil. Experts give themselves a 60-day deadline, either at the end of April or early May. On occasion, an official ceremony could be organised.
From the extraction site to the terminal station, the pipeline crosses more than a thousand kilometres in Niger and nearly 700 in Benin. Estimates always remain on a production of 90,000 barrels per day. Benin will receive significant transit duties and tax revenues depending on the quantity exported.
When ECOWAS sanctioned Niger, many were worried about the future of this oil project. The Beninese authorities had said that the pipeline was not concerned. Since February 24, economic sanctions have been lifted.
Anything related to oil production are clearly not inscope of disagreements as both hoping to benefit from revenues
lets hope save haven't been sat on their ****s in niger as clearly cnpc haven't and we have made some progress since the last company update which seams like an absolute age now. £200m+ upfront payment for 50% share and possibly they even take operatorship. no excuses now as this was our original jewel and many of us have been here since it was all we had.
Longshort - ideally scenario would be to close out 2024 with 10,000 Bopd without acquisition. Uquo currently producing 2,000 Bopd, debottlenecked to increase to 5,000 Bopd and scaling Niger to 5,000 Bopd. That would be a great outcome without any acquisition plus increase in gas contracts
I am referring to oil production of 10,000 Bopd below without any gas numbers