Niger : High-level talks to set up new partnerships with American based companies investing in the energy sector
Niger’s President Mohamed Bazoum chaired, on 23 September, in Houston, an investment promotion session serving to deepen cooperation between Niger and American based companies operating in the energy sector.
This meeting held as part of a wider summit featuring African Heads of State, Ministers, and Houston-based executives, focused on the modalities of developing the exploitation of the oil potential in this West African country.
On the sidelines of the meeting, the Niger’s Minister of Petroleum stated that the goal of this event is to invite and engage with credible investors who can partner with the government and our private sector to exploit the resources of Niger, especially in the field of oil, where the country “has currently over 35 exploration blocks on offer with great potential”, affirmed the Minister.
It is worth mentioning that Niger produces currently 20,000 barrels of oil per day, while the government is working to increase its production capacity to 200,000 per day by 2026.
