Niger-Benin pipeline: First drops of oil arrive at Sémè Kraké
Benin is expected to receive transit duties and tax revenues per quantity of Nigerien oil that gushes out at Sémè Kraké. The projection comes as the platform where the 1980km pipeline that connects the Agadem oil fields lands.
Last Sunday, Nigerien oil gushed out at Sémè Kraké in Benin raising hopes for at least 2,000 jobs across the west African nation.
The project whose construction began in September 2019 has faced several delays. It was expected to last two years and cost $5 billion.
According to a 2019 national petroleum plan, the pipeline linking Koulele in Niger to the port of Seme in Benin can produce about 90,000 barrels per day, something that’s expected to transform Niger into a significant regional oil producer and exporter.
Niger pumps around 20,000 b/d of oil, most of it from China National Petroleum Corp. projects in the Agadem Rift Basin in the country’s southeast.
The landlocked west African nation is believed to be sitting on a billion barrels of crude reserves, according to the African Petroleum Producers’ Organization.
