THE DEVELOPMENT OF OIL AND GAS EXPLORATION
Sector: Energy
Type: Public
Project manager: Ministry of Oil
Estimated cost (USD): USD 339,574 million
Estimated cost (FCFA): FCFA 269,787 billion
Niger possesses oil and gas potential with reserves assessed at over one billion barrels of oil and 23,175 billion m3 of natural gaz. The key objective of the project is to intensify oil and gas exploration in Niger.
Benefits
- Grant a maximum number of exclusive oil and gas exploration permits to oil companies;
- Several State tax incentives granted to foreign oil and gas exploration companies;
- Attract new oil and gas companies;
- Discover new hydrocarbon deposits.
CHARACTERISTICS OF PARTNERSHIP REQUIREMENTS
Project Design: State / Partner
Funding: State / Partner
Implementation: State / Partner
Operations: State / Partner
Risk sharing: State / Partner