Home | News    Wednesday 9 October 2013

Sudan, Russia discuss energy cooperation

separation
increase
decrease
separation
separation

October 8, 2013 (KHARTOUM) - Sudan and Russia have agreed to boost cooperation in petroleum and gas sectors and to help introduce modern technology for oil production in Sudan.

JPEG - 32.1 kb
Sudan Oil Minister Awad Al Jazz speaks during a news conference June 14, 2013 (REUTERS/Mohamed Nureldin Abdallah)

The Sudanese oil minister Awad Ahmed al-Jazz met with his Russian counterpart Alexander Novac, in Moscow on Monday and discussed with him the importance of increasing the Russian investments in Sudan’s oil industry in order to achieve strategic objectives and meet the growing demand for energy.

According to the government-sponsored Sudanese Media Center (SMC) website, al-Jazz welcomed Russian investments in Sudan, stressing the strength of the bilateral relations between the two countries.

He set forth Sudan’s oil industry capabilities including infrastructure, extending an invitation for his Russian counterpart to visit Sudan.

Novac, for his part, asserted that scientific studies proved existence of oil and gas reserves in Sudan which could lead to an economic partnership to achieve mutual benefits using the Russian technological expertise.

He expressed his country’s interest in investing in oil and gas exploration and production in Sudan, saying that it is high time for engaging in true partnership with Sudan in the energy sector.

In a related issue, Russia underscored that it has determined oil blocs for partnership with Sudan following the studies which were conducted during the recent visit of its technical team to the East African nation.

Sudan lost 75% of its oil reserves after the southern part of the country became an independent nation in July 2011.

Foreign activity in Sudan’s oil industry has come mainly from Asian investment, while Western oil companies have been reluctant to work in the country due to U.S. sanctions and higher risks associated with the country’s instability.

China National Petroleum Corp (CNPC) CNPET.UL, Malaysia’s Petronas PETR.UL and India’s Oil and Natural Gas Corp (ONGC) are among the foreign oil firms in Sudan.

(ST)

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


The AUHIP needs to revisit its modus operandi 2018-12-15 19:00:42 By Gibril Ibrahim The latest round of the African Union High-Level Implementation Panel (AUHIP)’s consultations with Sudanese parties in Addis Ababa (December 9 -13) ended in failure for reasons (...)

The influence of facetious leaders in South Sudan 2018-12-03 18:44:28 By Daniel Abushery Daniel It's like that old saying, "Everybody's talking about the weather, but nobody ever does anything about it:" Public consultation is essential and healthy where there are (...)

Will Khartoum peace agreement bring reform or maintain tyranny? 2018-12-01 05:41:01 By Duop Chak Wuol Known for operating with a vicious precision, his trademark is ruthlessness, and how he manoeuvres his political rivals is irrefutably effective. Salva Kiir, the man in (...)


MORE






Latest Press Releases


Progress observed at end of second month of R-ARCSS implementation 2018-10-22 06:44:02 Press Release 21 October 2018 South Sudanese government released 24 detainees in the implementation of the revitalized peace agreement said the International Committee of the Red Cross (ICRC) (...)

4th Annual Tony Elumelu Foundation Entrepreneurship Forum Announced for 25th October 2018 2018-10-15 12:38:14 PRESS RELEASE OCTOBER 14, 2018 Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its (...)

Unity State community in Kenya supports Khartoum peace agreement 2018-08-17 08:33:21 PRESS STATMENT 14th Aug, 2018 Re: We shall Rally behind Khartoum Peace Agreement The Unity State Community Association in Kenya was established in 2010 to organize and mobilize the people of (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.