Agadem oilfield operational by June

21 April 2011

The works carried out in the oilfield at Agadem, in the North-East of Niger, should be finished by June, it was announced last Tuesday at Niamey by the Chinese Ambassador, Xian Huan.

"At Agadem, the works of the first phase have been completed with the installation of 50 wells and the surface equipment between Agadem and the refinery at Zinder, 460 km away.  Niger will be independent in oil and gas oil by 2012", said the Chinese diplomat, whose words were reported by the website InfoPlusGabon.

Chinese enterprise CNPC is exploiting the oilfield, which according to preliminary estimates, could supply 324 million barrels.

The capacity of the refinery at Zinder will be 20,000 barrels a day.

On April 7, the new president of Niger, Mahamadou Issoufou, had called for rational exploitation of energy sources, in order to achieve a competitive economy, reports the publication.
 

Category: Energy