Monday, May 13, 2024

Benin Blocks China's First Oil Shipment from Niger

 Business Insider published on 9 May 2024 an article titled "Benin Blocks China's First Oil Shipment from Niger over Border Feud" by Adekunle Agbetiloye.  

The China National Petroleum Corporation (CNPC) constructed a 1,200-mile pipeline to transport oil from Niger to a port on the Atlantic Ocean in Benin, as part of a $4.6 billion Chinese investment in Niger's oil sector.  Benin restricted the first export of fuel by ship from its port in retaliation for the Nigerien military government's continuing closure of the border with Benin, thus preventing the shipment of goods by truck from Benin to Niger.  In the meantime, CNPC is caught in the middle of the dispute between these two countries.