Société Nigérienne des Produits Pétroliers
TypeState-owned
Industryoil industry
Founded1977 (1977)
Headquarters
Niamey
,
Niger
Key people
Hamidou Sekou (President)
Productspetroleum products
Revenue$183,265,000 (2007)[1]
Number of employees
154[1]

SONIDEP (French: Société Nigérienne des Produits Pétroliers, literally: Nigerien Petroleum Products Company) is a parastatal corporation in Niger. Founded by government decree in 1977, SONIDEP is responsible for the importation, transportation, storage, refining and marketing of petroleum products in Niger.[2][3] It operates retail sales stations for automobiles and fuel oil throughout the nation.

Recently, the government of Niger has considered privatizing SONIDEP, with the assistance of the World Bank,[4] but the company has remained state-owned due to a lack of interest among investors,[5] and plans for privatization are now "on hold indefinitely."[6]

The capital of SONIDEP, 1 billion CFA francs, is wholly owned by the Nigerien state. The organization formerly placed under the supervision of the Minister of Commerce was placed under the supervision of the Minister of Petroleum during a Council of Ministers dated March 13, 2020.[7]

See also

References

  1. 1 2 Graham & Whiteside, Ltd. The Major Companies Database
  2. ↑ History, sonidep.com. retrieved 2009-02-27.
  3. ↑ Spécial 30 ème anniversaire de la SONIDEP, sonidep.com. retrieved 2009-02-27.
  4. ↑ "Republic of Niger: Second Public Expenditure Adjustment Credit" (PDF).
  5. ↑ Nana Adu Ampofo. "Authorities in Niger Sign Power Supply Deal with China". World Markets Research Centre.
  6. ↑ "Niger Economy".
  7. ↑ "COMMUNIQUE DU CONSEIL DES MINISTRES DU VENDREDI 13 MARS 2020". Présidence de la République du Niger (in French). Retrieved 2022-08-03.
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