Home | Comment & Analysis    Monday 18 June 2007

Sudan Oil Industry in BP Figures

separation
increase
decrease
separation
separation

By Alsir Sidahmed*

June 17, 2007 — Sudan oil industry emerges as a small, but steadily growing along the increased importance of Africa as oil supplier. That is what could be easily concluded of BP’s Statistical Review of World Energy, released last Wednesday. Along the fashion of following alternative energy trends British Petroleum (BP) has changed its name to Beyond Petroleum (BP).

For the third consecutive year, Sudan retains its proven oil reserves at 6.4 billion barrels. Though small, but clearly implies that replenishment is taking place despite eight years of growing production volume.

BP first included Sudan in its annual statistical book, that has been publishing for 56 years, in 1981 putting its reserves at 200 million barrels, that increased to 300 million the following year. And it continued with that level till it joined the club of oil exporters in 1999 with 300 million barrels reserves. The jump came in the following year, when proven reserves topped 6 billion, rising to 6.4 billion barrels in 2004 and continued so till last year.

This increase in reserves matches the growing oil reserves of Africa that stood at 84.7 billion barrels in 1999, moving to 93.4 billion the following year, to 112.3 billion in 2003 and 117.2 billion last year.

With this volume of reserves, Sudan occupies the fifth position in the continent after Libya, Nigeria, Algeria and Angola.

Equally Sudan’s production has grown over the years. From 63.000 barrels per day (bpd) in 1999, to 174.000 bpd the following year, to 211.000, 233.000, 255.000, 325.000, 355.000 in consecutive years and 397.000 bpd last year according to BP’s review. With blocks (3) and (7) now fully operational, it has exceeded 500.000 bpd already this year.

The significance of its reserves and production figures is that being a non-OPEC member, it stands a good chance to escalate its production volume following extensive exploration activity, since it will not be restricted as far as production volume is concerned like OPEC members.

Also even with this small production figure, it moves to position itself in the continent. For instance, that adds to its clout regionally within the ten African countries that form the Nile Basin Initiative. Only Sudan and Egypt are oil producers within the group, but while Sudan’s oil production is growing that of Egypt is declining after peaking in 1993 at 941.000 bpd, then started declining till it reached 678.000 bpd last year, while domestic consumption keeps escalating to 612.000 bpd last year, which leaves very little for Egypt to export, though it has the chance to compensate given its growing gas reserves. On its part, Sudan consumes little over 100.000 bpd, which leaves the bulk of its production for export.

The growth in Sudan’s oil production goes hand in hand with the growth in Africa’s total oil production that stood at 7.6 million bpd in 1999, rising to 8.4 million bpd in 2003, then to 9.9 million bpd last year.

This trend consolidates the look at Africa as an alternative source of oil supplies to some western countries led by the United States, who see that though the Middle East has the biggest oil reserves and ability to pump more supplies, but given its instability and a history of oil embargo because of the Arab-Israeli war in 1973, consumers should look at alternatives.

Africa is emerging as one as it lacks that political dimension of a regional conflict, though internal problems like the ones faced by Nigeria are posing the same problem, but more important and for the Americans in particular is that once oil reaches ports to be loaded from West Africa, it has only the Atlantic Ocean to cross and reach the US market without having to worry about Strait of Hormuz, the chokepoint for Gulf supplies.

And that is why US hopes to get one barrel of oil from Africa from every four barrels its imports within the coming ten years. That gives it an additional reason to set up a military command for Africa separate from the Central Command used to cover the continent, and part of its duties is to safeguard oil sea lanes.

Alsir Sidahmed, a free lance journalist, media consultant and trainer could be reached at alsirsidahmed@gmail.com



The views expressed in the 'Comment and Analysis' section are solely the opinions of the writers. The veracity of any claims made are the responsibility of the author not Sudan Tribune.

If you want to submit an opinion piece or an analysis please email it to comment@sudantribune.com

Sudan Tribune reserves the right to edit articles before publication. Please include your full name, relevant personal information and political affiliations.
Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


South Sudan: Justice remains elusive, one year on 2014-12-17 04:17:40 By Elizabeth Deng December 16 2014 - A year after the outbreak of violence in Juba last December, hopes of accountability for abuses linked to the conflict remain distant. Despite repeated calls (...)

President Salva Kiir has betrayed his people and the nation 2014-12-17 04:15:00 By James Gatdet Dak December 15, 2014 - After many painful decades of destructive war of liberation against successive oppressive regimes in Khartoum, people of South Sudan gained their hard won (...)

Sudan protects terrorists 2014-12-15 04:29:57 By Kimberly Hollingsworth* December 15, 2014 - Sudan used to be the heart of Africa; now, Sudan is the heart of international terrorist organizations. Sudan is the hub for training extremists. (...)


MORE








Latest Press Releases


Norway grants US $1.9 million for humanitarian needs in Darfur 2014-12-16 06:47:08 The United Nations World Food Programme (WFP) - KHARTOUM Norway helps provide nutritious food to malnourished families in Sudan 14 December 2014 KHARTOUM – The United Nations World Food Programme (...)

Darfur Association "disheartened" by ICC decision to not meet them 2014-12-14 05:50:13 12 December 2014 RE: DPANY Requests/Direction of the OTP in the Situation of Darfur Dear Prosecutor Fatou Bensouda, We, the Darfur People's Association of New York, are disheartened by your (...)

REDRESS calls for the immediate release of Sudan’s distinguished human rights lawyer 2014-12-10 09:02:53 December 9, 2014 ­­ — REDRESS, and many other individuals and organisations around the world, are extremely concerned by the continuing secret detention of Dr. Amin Mekki Medani. On Saturday, 4 (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.