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Energy/Mining

CHINA/NIGERBack
[Published: Thursday July 31 2008]

Outrage over China-Niger oildeal

Niamey , 1 Aug-(ANA)- Unionsand transparency campaigners have denounced a multi-billion dollar oil dealbetween China and the westAfrican state of Nigerfollowing widespread concern that the people of Niger will not benefit from thecountrys oil wealth.

Civil rights groups in Nigerare calling for a parliamentary inquiry into the $5bn (2.5bn) contract and forscrutiny of how funds will be spent.

China 's state oil company was givenoil exploration rights in Nigerin June.

It recently said it wouldinvest $5bn in Nigerover the next three years to develop oil production. (ANA)

FA/AN/1 Aug 2008---


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