Algeria, Niger Republic Partner to Explore Oil in Kafra Region

Algeria, Niger Republic Partner to Explore Oil in Kafra Region (News Central TV)

Sonatrach oil company in Algeria said it had signed a deal with the Niger petroleum ministry to share production in Niger’s Kafra region, the Algerian state news agency said on Saturday.

Sonatrach International Petroleum Exploration and Production, a subsidiary of the Algerian company, signed the agreement in Niger’s capital on February 4, 2022.

Mahamane Sani Mahamadou, Minister of Petroleum, Energy and Renewable Energies, Republic of Niger

Based on the agreement, Sonatrach will explore two wells, KFR-1 and KFRN-1, with proven oil reserves of about 168 million barrels and 100 million barrels respectively, according to the statement.


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