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Analysis by Region - Emerging Markets - Niger

Publisher Oxford Economics
Published Nov 06, 2024
Length 3 Pages
SKU # OFE19321891

Description

Analysis by Region - Emerging Markets - Niger



The 2,000-km Niger-Benin Oil Export Pipeline is anticipated to transform Niger into a significant regional oil producer. Boasting a capacity of 110,000 barrels per day (bpd), the pipeline continues to make headlines – for all the wrong reasons. The pipeline has been targeted by anti-junta rebels while neighbouring Benin refuses to avail its port for crude exports. Benin has little to gain from not yielding, thus we expect relations to normalise and oil production to resume next year. Consequently, real GDP growth is forecast to accelerate to 10.9% in 2025 from 2.6% in 2024.

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3 Pages
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