China Buys into Niger Junta to Secure Oil Supply

By: John Hayward · John Hayward — April 17^th 2024 at 16:10

China’s state-owned oil company CNPC, the China National Petroleum Corporation, has signed a $400 million deal with the military junta that controls Niger, providing a much-needed infusion of cash after the coup damaged relations with Niger’s previous big oil customers, the United States and France.