Niger: Kafra oil block could hold 2.5 billion barrels

What happened
Niger’s oil minister held a press conference on Wednesday to address a key issue for the country: the oil reserves Niger could rely on to fuel its development. Most of Niger’s oil production is currently operated by Chinese companies, but one area — the Kafra oil block — could become a cornerstone of economic cooperation with neighbouring Algeria. Active drilling has begun in the block, with the minister announcing…
Summary assembled by rule from the sources below