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Hydrocarbon: Niger takes back control of its oil cooperation with CNPC

21/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Council of Ministers on 18 March allowed the Government of Niger to take a new decision. During this meeting, the country decided to reprendre en main sa coopération style="font-family: "Bookman Old Style”, serif"> with the China National Petroleum Corporation (CNPC), tightening the tone in the face of the shortcomings observed in the application of reforms on local content

.

The authorities in Niger have taken a number of strong measures to nationalize the oil sector. These include the “standardization of the salary scale between expatriate and Nigerien employees”, the “nigerization of positions” in oil operations, the execution of subcontracting contracts by local companies and then the revision of certain agreements. They also decided to establish a better link between the transport convention and contracts for the transport of crude oil. Les autorités exigent également des clarifications sur les engagements financiers liés à la construction de l' oléoduc Niger-Bénin et réclament la modification des statuts de la Society West African Petroleum Operations (WAPO) to allow the opening of its capital to

the Nigerian side.
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