Niger

Niger

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.

Nature of measure:
  • Liberalization
Type:
  • Treatment and operation (Other)
Industry:
  • Primary (Mining and quarrying)
Inward FDI:
No
Outward FDI:
No
Sources: