SONIDEP

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.