Niger has awarded China National Petroleum Corporation (CNPC) another operating permit onshore Agadem oil block
According to government sources, CNPC is already pumping oil in the block, which is located in the semi-arid eastern region of Diffa, bordering Chad.
Marou Amadou, a spokesperson for the Niger government, said, “This second phase of CNPC’s development of the Agadem Block involves 59 oilwells with an expected production of one billion barrels of oil. The oil will be exported through the route from Niger to Chad to Cameroon.”
He added that this is likely to see an export between 60,000 bpd to 80,000 bpd in near future.
Meanwhile, CNPC sources said that the company is also looking for oil in the northern Bilma Block in partnership with Filipino company TVI Pacific’s TG World.
Niger had earlier signed an agreement with Cameroon in September this year to export its oil via a new link to the existing Cameroon-Chad pipeline, which transports oil to the Atlantic port of Kribi.
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