Home | News    Monday 7 June 2004

Africa’s oil import bill to soar-Sudan’s Bashir

separation
increase
decrease
separation
separation

KAMPALA, June 7 (Reuters) - Oil imports to East and southern Africa’s COMESA trade bloc are set to rocket to $15 billion this year as world oil prices hit record highs, Sudan’s president Omar el Bashir said on Monday.

Bashir, outgoing chairman of the Common Market for Eastern and Southern Africa (COMESA), said the 2004 oil bill for the group’s 20 member states had shot up from $9 billion in 2003.

"This will have far-reaching negative effects on our economies," he told delegates at the organisation’s annual summit in the Ugandan capital Kampala.

"Coupled with low commodity prices, this will increase some COMESA region countries’ debt stock," he said. "They will now have to borrow more just to service their current debts."

Uganda’s President Yoweri Museveni took over from Bashir as COMESA chairman at the opening of Monday’s meeting, which attracted several heads of state and regional officials.

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


Ezekiel Lol reignites political begging as a Freedom of Expression 2019-06-14 22:49:39 Gatdiet Peter Here, the question is: to what extent does a politician become a “political beggar”? A politician becomes a beggar and (re)focuses on the “politics of begging” as soon as (s)he has (...)

Crisis in Sudan: Will Sudanese mediators unlock the impasse? 2019-06-08 11:47:09 by Luka Biong Deng Kuol* The Optimism for the New Dawn in Sudan Since the eruption of the Sudanese popular uprising on 19th December 2018, the protesters have made history not only in (...)

Why comrade Pagan is right? 2019-06-03 04:11:01 Luka Kuol, I followed the interview of comrade (cde) Pagan with Tereza about his decision to relinquish his leadership of the SPLM Former Detainees and his utter lack of trust of the unification (...)


MORE






Latest Press Releases


Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)

Joseph Malwal Dong joined the SPLM/A -IO 2019-04-02 08:35:02 SPLM/A (IO) Press Release 1/4/2019 On Hon. Joseph Malwal Dong Joined the SPLM/A (IO) The leadership of the SPLM/A (IO) would like to seize this precious opportunity to announce to members and (...)


MORE

Copyright © 2003-2019 SudanTribune - All rights reserved.