Industry oil industry Revenue $183,265,000 (2007) Headquarters Niamey Number of employees 154 | Products petroleum products Website www.sonidep.net Founded 1977 Type of business State-owned | |
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Key people Hamidou Sekou (President) | ||
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. 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, but the company has remained state-owned due to a lack of interest among investors, and plans for privatization are now "on hold indefinitely."
References
SONIDEP Wikipedia(Text) CC BY-SA