Oil and Natural Gas in Niger

Oil and Natural Gas

• In Petronas’ and ExxonMobil’s Agadem Block, the companies discovered an estimated 350 million barrels of oil equivalent. Oil exploration has been carried out for more than 20 years in Niger's Djado region on the border with Libya, but no commercial finds have been discovered.

• China National Petroleum Corporation (CNPC) is choosing three sites to drill exploration wells in its Tenere Block. CNPC’s contract states that the drilling must be completed by 2008.