Sudan president orders increase of oil exploration in the north
March 2, 2011 (KHARTOUM) – Sudan’s President Omer Hassan Al-Bashir has instructed the country’s Ministry of Oil to intensify oil exploration in north Sudan and take on board new investors.
North and South Sudan have been splitting proceeds of crude oil roughly 50-50 as per a 2005’s peace deal that ended decades of civil war between the two sides.
The two sides are currently negotiating a new oil-sharing deal because the south will need to use the pipeline infrastructure and refineries in the north to export its oil.
In a meeting held in Khartoum on Wednesday with the state minister for oil, Ali Ahmad Osman, Al-Bashir called for widening the scope of oil exploration and assimilating new investors after insuring their financial and technical capabilities.
Al-Bashir also called for enforcing rules and regulations on the companies that do not abide by technical and financial criteria.
For his part, the state minister for oil announced that 70% of the ownership of oil pipelines in squares number 1, 2 and 4 – which are operated by the Greater Nile Petroleum Operating Company – had been acquired by the Sudanese government.
The minister further said that oil exploration efforts were underway in square 9, 11 and 14 in the northern state as well as square 12 (A) on the borders with Chad.
The Sudanese government says it expects oil production in north Sudan to reach 200,000 barrels per day within 3-5 years.
(ST)
Challenger
Sudan president orders increase of oil exploration in the north
Mr: Albashir,
Stop lieying to us,you dont have any black living water in your wells in north,oil is only found in Southern part of the country.
Sam.Eto
Sudan president orders increase of oil exploration in the north
Let me tell you why. because they are smart. Use up all the oil in the South which is expected to start declining by 2013, then start exploiting the north oil. you were fooled by the CPA and oil sharing. Now the north can begin extacting the oil in the North. There is plenty of oil in the North – It borders libya, chad and Saudi Arabia !! The western companies have already started requesting and Russia is pushing for a foot in North Sudan.
The South which is still unstable will be unable to exploit new oil findings. Total clearly stated they have no date to start, because it is too unsafe now.
So South is in a very sad position. The North no longer needs the oil from the South, but the south will continue for years to rely on the North to export and process the oil – Ha ha ha – whos the fool Now ?
John Costa
Sudan president orders increase of oil exploration in the north
Khartoum knew what she is doing to bring instability in the south. Southern Government does not have a counter effective plan to fight them back. You may see more disintegration in the South after the independence.
It is a deliberate tactic from the Khartoum government to instigate violence in the South. Never expect any good from the Arab. Look at Egypt and its claim on water resources. They are now befriending the South fearing that it will join Nile Basin Initiave. These people are evil.