There is no doubt that Nigeria is Africa’s biggest oil producer, but due to the current situation in which the country finds itself, an MoU has been signed between Nigeria and closest neighbor Niger Republic for the importation of petroleum products.
This was made known by the Ministry of Petroleum Resources via a statement which stated that the both countries signed a Memorandum of Understanding for petroleum products transportation and storage.
According to the statement, Niger Republic’s Soraz Refinery in Zinder, some 260km from the Nigerian border, has an installed refining capacity of 20,000 barrels per day.
The ministry said the MoU was signed by the Group Managing Director, NNPC, Mallam Mele Kyari and the Director-General of SONIDEP, Mr Alio Toune, under the supervision of the two countries’ Ministers of State for Petroleum, Çhief Timipre Sylva and Mr Foumakoye Gado, respectively with the Secretary-General of the African Petroleum Producers Organisation, Dr Omar Ibrahim, in attendance.