 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 by Staff Writers Niamey (AFP) Sept 18, 2019
Niger and China are to build a 2,000-kilometre (1,250-mile) pipeline to carry crude oil from southeast Niger to the port of Seme in Benin, the Niger president's office announced Wednesday. President Mahamadou Issoufou launched the project on Tuesday at the Agadem oil field in the southeast of the country, where the China National Petroleum Corporation (CNPC) has been extracting oil since 2011. It is expected to take 42 months to complete at a cost of $4.5 billion. Until now, Niamey has moved crude out via Chad to a port in Cameroon, but deadly jihadist attacks in Nigeria have spilled over the border making the region unstable. Niger's Oil Minister Foumakoye Gado signed the deal on Sunday with Wang Zhong Cai, president of the China National Oil and Gas Exploration and Development Corporation, a CNPC subsidiary.
Oil prices soar more than 10% after Saudi plant attacks Hong Kong (AFP) Sept 16, 2019 Oil prices surged more than 10 percent Monday after attacks on two Saudi Arabian plants that slashed output in the world's top producer by half, with Donald Trump blaming Iran and raising the possibility of a military strike on the country. West Texas Intermediate jumped 10.68 percent to $60.71 and Brent climbed 11.77 percent to $67.31 in early Asia trading following the blasts at facilities run by state-owned giant Aramco. The attack by Tehran-backed Huthi rebels in neighbouring Yemen, where a ... read more
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
