CNPC Awarded Second Operating Permit in Niger

Tuesday, November 19, 2013

CNPC has been awarded a second operating permit in the Agadem Block by the government of Niger. CNPC is already pumping oil in the Agadem block and the second phase of development involves 59 oil wells.

CNPC plans to export the oil via Chad and Cameroon, state television reported. This phase of the Agadem Block will allow for Niger to export between 60,000-80,000 bpd. Niger signed an agreement with Cameroon in September to export its oil via a new link to the existing Cameroon-Chad pipeline. In addition, a pipeline from Niger to Benin being studied.

CNPC is also looking for oil in the northern Bilma block in partnership with Canadian TVI Pacific’s TG World.

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