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Browsing: Oil in Benin
- How Niger-Benin dispute mar $400 Million oil exports deal with China
- Tensions between neighbouring West African nations Benin and Niger are escalating amid a deepening dispute over oil exports.
- Further, Niger accused Benin of kidnapping five of its nationals.
Niger-Benin dispute
Peace in West Africa is becoming scarce as Niger and Benin dispute takes a different shift forcing Niger to consider routing its crude oil pipeline (1,930 kilometer) stretching from Agadem oil field to the port of Cotonous in Benin.
Niger’s ambition to become an oil exporting nation is threatened by internal security crisis and a diplomatic dispute with neighbor Benin. The conflict is a product of last year’s coup that toppled the West African nation’s democratic government.
According to information from Africa News, It was designed to help the oil-rich but landlocked Niger achieve an almost fivefold increase in oil production through a $400 million deal signed in April …