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Niger: Chinese financing for export pipeline
The government of Niger has announced a framework agreement with China National Petroleum Corporation (CNPC) for a $4bn export pipeline to transport crude oil to the international market. Petroleum minister Foumakoye Gado, who secured the agreement at the Forum on China-Africa Cooperation in Beijing in early September, told the daily Le Sahel that the pipeline would be developed as a public-private partnership, with CNPC recouping its investment through crude sales.
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