https://en.sputniknews.africa/20240822/niger-resumes-oil-exports-via-benin-after-suspension-1067963530.html
Niger Resumes Oil Exports via Benin After Suspension
Niger Resumes Oil Exports via Benin After Suspension
Sputnik Africa
The exports had been halted due to Niger's refusal to lift a ban on imported goods from Benin, leading Benin to block oil exports through a Chinese-funded... 22.08.2024, Sputnik Africa
2024-08-22T13:28+0200
2024-08-22T13:28+0200
2024-08-22T13:28+0200
sub-saharan africa
niger
benin
west africa
oil
oil pipeline
export
trade
economy
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Niger has resumed crude oil exports through Benin after a suspension caused by a dispute between the two countries.An agent from the West African Gas Pipeline Company, which operates the pipeline, confirmed to a Western media outlet that the Aura M, a Liberian-flagged crude oil tanker, had departed the Benin port on Tuesday after loading around one million barrels of oil from Niger.Ship tracking data from MarineTraffic also revealed that the vessel was bound for China.The resumption of oil exports marks an important development, although it remains unclear how the dispute was resolved. The renewed cooperation suggests a diplomatic breakthrough between Niger and Benin, allowing oil flow through the PetroChina-backed pipeline to continue.The pipeline's operation is important for Niger, as it provides an export route for its crude oil, facilitating economic growth and international trade. However, it's not the only way to export: in mid-July, media reported that Niger and Chad decided to restart the Niger-Chad-Cameroon pipeline project and extend the gasoil supply agreement, which will enable the transportation of crude oil from Niger to Cameroon through Chad.
https://en.sputniknews.africa/20240712/niger--chad-reportedly-relaunch-niger-chad-cameroon-pipeline-project-renew-gasoil-supply-contract-1067477921.html
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niger, benin, west africa, oil, oil pipeline, export, trade, economy
niger, benin, west africa, oil, oil pipeline, export, trade, economy
Niger Resumes Oil Exports via Benin After Suspension
The exports had been halted due to Niger's refusal to lift a ban on imported goods from Benin, leading Benin to block oil exports through a Chinese-funded pipeline to the West African coast. In response, Niger blocked the pipeline following the arrest of its representatives by Beninese police while they were supervising oil loading at the port.
Niger has resumed crude oil exports through
Benin after a suspension caused by a dispute between the two countries.
An agent from the West African Gas Pipeline Company, which operates the pipeline, confirmed to a Western media outlet that the Aura M, a
Liberian-flagged crude oil tanker, had departed the Benin port on Tuesday after loading around one million barrels of oil from Niger.
Ship tracking data from MarineTraffic also
revealed that the vessel was bound for China.
The resumption of oil exports marks an important development, although it remains unclear how the dispute was resolved. The renewed cooperation suggests a diplomatic breakthrough between Niger and Benin, allowing oil flow through the PetroChina-backed pipeline to continue.
The pipeline's operation is important for Niger, as it provides an export route for its crude oil, facilitating economic growth and international trade. However, it's not the only way to export: in mid-July, media reported that Niger and
Chad decided to restart the Niger-Chad-Cameroon pipeline project and extend the gasoil supply agreement, which will enable the transportation of crude oil from Niger to Cameroon through Chad.
