SONIDEP

Société Nigérienne des Produits Pétroliers
State-owned
Industry oil industry
Founded 1977 (1977)
Headquarters Niamey, Niger
Key people
 Hamidou Sekou (President)
Products petroleum products
Revenue $183,265,000 (2007)[1]
Number of employees
 154[1]
Website www.sonidep.net

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]

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".
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