Niger ends sales monopoly of state petroleum products company
28 May 2016
In May 2016, Niger permitted Soraz, a joint venture oil refinery between the Government and China National Petroleum Corp, which owns 60 per cent of the shares, to sell petroleum products, thereby ending a monopoly held by Sonidep, a state oil products company, since 2011. Soraz and Sonidep are thus authorized to jointly export refined products.
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Type:
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Treatment and operation (Other)
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Industry:
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Primary (Mining and quarrying)
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