Home | News    Thursday 20 April 2017

Sudan welcomes U.S. oil investors

separation
increase
decrease
separation
separation

Sudan's Oil and Gas Minister Mohamed Zayed Awad (ST Photo)
April 19, 2017 (KHARTOUM) – Sudan’s Oil and Gaz Minister Mohamed Zayed Awad has welcomed U.S. investors looking for a way to take part in the oil industry in Sudan and pledged to provide all the needed facilities.

Awad made his remarks in a statement released after a meeting with Peter S. Watson, the head of Capital Partner Trading, a company looking for investment opportunities for American firms.

Watson visit to Sudan comes as different sources expect the definitive removal of economic embargo on Sudan next July.

The minister “stressed Sudan’s readiness to cooperate with U.S. companies working in the field of oil and gas”, and welcome the desire of the American side to discuss opportunities for investment in the Sudanese oil sector,” said a statement extended to Sudan Tribune.

Awad further pointed that the presence of American oil companies would allow benefiting from the U.S. technology and expertise in the field of oil and gas.

The imposition of sanctions on Sudan in 1997 had forced American companies like Chevron to quit definitively the country and abandon its exploration and exploitation works in Blocks 1 and 2 in Western Upper Nile/Unity region for the Chinese-controlled GNPOC consortium.

The statement further said an “American delegation from LUKOIL company would visit Sudan on 16-17 May for talks on oil investments”.

LUKOIL is a Russian oil company with an important presence in the U.S. It operates in 35 countries including Egypt, Iraq, Nigeria and Cameroon.

(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.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


James Dak’s case:: Why death sentence should be canceled 2018-02-19 14:27:34 By Peter Gai Manyuon On Monday 12th of February 2018, a South Sudan court in Juba sentenced James Gatdet Dak to death by hanging, citing several provisions in the constitution as the basis upon (...)

The Position of the SPLM-N on Relief Delivery Same Wine, Old Bottles! 2018-02-18 06:50:42 By Elwathig Kameir On January 19, 2017, I published an article titled “Armed Struggle and Civil Resistance in Sudan: Catch 22,” from which I quote the following opening paragraphs (from i to iii): (...)

Without meaningful change Sudan will descend into chaos 2018-02-16 11:14:31 Economic failures, armed conflicts, and power struggles within the regime have pushed Sudan towards a tipping point By Ahmed H Adam Sudan's political crisis has reached its worst since the coup (...)


MORE






Latest Press Releases


Petition for release of Agou John Wuoi from prison 2018-02-15 20:45:31 Open letter to South Sudan President Salva Kiir Your Excellency, Kindly please permit me to take this rare opportunity to appreciate you for every effort you have made toward making South Sudan (...)

AUHIP Communiqué on Sudan & SPLM-N talks for cessation of hostilities agreement 2018-02-05 13:04:16 African Union High-Level Implementation Panel for Sudan and South Sudan Joint Statement on Unilateral Ceasefire, Cessation of Hostilities and Completion of Negotiations 1) With the facilitation (...)

South Sudanese rights group call to release political detainees 2017-12-10 07:50:31 THE INTERNATIONAL HUMAN RIGHTS DAY: 10 DECEMBER 2017: SSHURSA CALLS ON ALL TO ACTION FOR SOUTH SUDANESE The 10 December usually marks the international human rights day. SSHURSA notes with (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.