Niger-Benin pipeline: Diplomatic tensions threaten oil exports

August 21, 0202

2 minutes read

Niger-Benin pipeline: Diplomatic tensions threaten oil exports

Beninese President Patrice Talon revealed that despite the first drops of Nigerien oil arriving at the Sèmè Kraké port in Benin two weeks ago, Niger will no longer use this port for its oil exports. In a statement on Wednesday, Talon attributed this decision to Niger’s political stance, particularly in the aftermath of the July 2023 coup.

The relationship between Benin and Niger has been strained, largely due to sanctions imposed by the Economic Community of West African States (ECOWAS) on Niger following the coup. Although ECOWAS had threatened military intervention, it never materialized. Niger retaliated by closing its border with Benin, despite Benin’s attempts to ease tensions by gradually reopening its side of the border.

Talon criticized Niger for rejecting formal trade cooperation, despite Benin’s significant exports of staples to Niger. He also pointed out that the closed Nigerien border has led to increased informal trade, causing price hikes that hurt Beninese citizens. Talon made it clear that reopening the Sèmè port for Nigerien oil exports is tied to the normalization of trade relations between the two countries.

The pipeline linking Koulele in Niger to the Sèmè port was expected to produce 90,000 barrels per day, which would have significantly boosted Niger’s status as a regional oil producer. Currently, Niger pumps around 20,000 barrels per day, mostly from China National Petroleum Corp. projects in the Agadem Rift Basin.

Share:

Also Read

Related Links

Prime Minister

Senegal’s Prime Minister Calls for Vengeance After Election Campaign Clashes

Senegal's Prime Minister calls for retaliation after violent clashes during the legislative election campaign, raising ...
Super Eagles

Super Eagles Target Victory Over Benin Republic to Secure AFCON 2025 Spot

The Super Eagles face Benin Republic in a crucial AFCON 2025 qualifier, aiming for a ...
Trump and Biden

Trump and Biden Hold Historic Meeting at the White House, Promise Smooth Transition of Power

Trump and Biden meet at the White House to ensure a smooth transition of power, ...
Trump Appoints Elon Musk

Trump Appoints Elon Musk and Vivek Ramaswamy to Lead U.S. Government Efficiency Department

Trump appoints Elon Musk and Vivek Ramaswamy to lead the new U.S. Department of Government ...

Features

Prime Minister

Senegal’s Prime Minister Calls for Vengeance After Election Campaign Clashes

Senegal's Prime Minister calls for retaliation after violent clashes during the legislative election campaign, raising ...
Super Eagles

Super Eagles Target Victory Over Benin Republic to Secure AFCON 2025 Spot

The Super Eagles face Benin Republic in a crucial AFCON 2025 qualifier, aiming for a ...
Trump and Biden

Trump and Biden Hold Historic Meeting at the White House, Promise Smooth Transition of Power

Trump and Biden meet at the White House to ensure a smooth transition of power, ...
Trump Appoints Elon Musk

Trump Appoints Elon Musk and Vivek Ramaswamy to Lead U.S. Government Efficiency Department

Trump appoints Elon Musk and Vivek Ramaswamy to lead the new U.S. Department of Government ...
IPMAN

Nigerians Skeptical of IPMAN’s N50 Fuel Price Reduction Amid Dangote Refinery Supply Deal

Nigerians voice doubts over IPMAN's N50 per liter price cut, as current petrol prices remain ...
Naira Depreciation

Naira Depreciation and Economic Concerns Cause 3.2 Point Drop in Firms’ Confidence – CBN Report

The Central Bank of Nigeria (CBN) reports a 3.2-point drop in firms' confidence in the ...
Edo tax collection crackdown

Edo Governor Okpebholo Suspends Revenue Collection, Orders Arrest of Defaulters

Governor Monday Okpebholo of Edo State has announced a suspension of all revenue collection activities ...

COP29

UN Urges Global Leaders at COP29 to Prioritize Climate Action

At the COP29 conference, held to advance global efforts in tackling climate change, the United ...

Latest News

Today in History

November 15th is the day in 1791 that the first U.S Catholic college, Georgetown University, opens its doors.

Exchange Rate Per Dollar

AM Armenian Dram386.9748
GH Ghana Cedi16.05
GM Gambian Dalasi71
GN Guinea Franc8,631
NG Nigerian Naira₦1,679.96
CF CFA Franc BEAC622.2871
15 Nov · CurrencyRate · USD
CurrencyRate.Today
Check: 15 Nov 2024 03:05 UTC
Latest change: 15 Nov 2024 03:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?