Niger

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As a country in West Africa, Niger has an area of 1,267,000 km² for a population of about 20 million. It is limited to the North by Algeria and Libya, to the East by Chad, to the South by Benin and Nigeria and to the West by Mali and Burkina Faso. Economic growth, estimated at 5.2% in 2017, was driven largely by the secondary sector, particularly oil, which increased activity when the Zinder (SORAZ) Corporation’s refining facilities reached full operating capacity. This corporation is jointly owned by the China National Petroleum Corporation (which holds a 60% stake) and the Nigerien government (which holds a 40% stake). Growth is projected to be 5.4% in 2018 and 5.2% in 2019, due to the performance of the oil and agricultural sectors. Agricultural performance is expected to rise as a result of good rainfall, as well of the 3N initiative, Nigeriens Feed Nigeriens, which promotes irrigation and livestock farming.

Quick Facts

Uranium

Primary Mineral

> 70,000 MT

Estimated Reserves

Undisclosed

Tax Benefits

Undisclosed

Active resource businesses

Niger is the world’s fifth-largest producer of uranium. It also has considerable reserves in gold, iron, coal and oil. Oil production began in 2011 and intensified following the expansion of the Agadem project by China National Petroleum Corporation (CNPC), as well as several discoveries by Algerian state-owned enterprise SONATRACH and Savannah Petroleum. Petroleum exploration began in 1958 with the granting of Djado and Talak research permits to PREPA. After a suspension of research between 1965 and 1969, petroleum activities were resumed from 1970 on several blocks by companies such as GLOBAL ENERGY, CONOCO, ELF, TEXACO, HUNT Oil, ESSO, SUN Oil, TG World Energy, PETRONAS, SONATRACH and CNPC. Between 1960 and 2008, 42 exploration holes were drilled. Research activities became intensive from 2008 onwards following the signing of the Production Sharing Agreement between Niger and CNPC. The hydrocarbons potential of Niger is linked to two large basins covering 90 % of the national territory: -The Western basin (Iullemeden basin) and – The Eastern basin (Chad basin)

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