Turkish firm to invest $60 mln in Sudan oil field
Dec 16, 2006 (KHARTOUM) — The Turkish Delta Petroleum Group announced that it group will begin investment in the oil field in Sudan in next February at the value of 60 million dollars.
At a press conference Saturday in Khartoum at Sharjah Hall, Chairman of the Board of Directors, Mehmet Habbab, said that Delta Group has finalized procedure and arrangements to carry out its work in the oil field in Sudan.
He said that Delta Group plans to begin establishment of deposits and workshops in Khartoum, Port-Sudan, Gedarif, Babanousa and Al-Obeid areas at the cost of 10 million dollars in the first stage.
Habbab said that Sudan is anticipated to achieve remarkable progress at the petroleum field in the coming period, depending on its experiences and skills in this domain.
He indicated that Delta Group obtains around 200,000 petroleum tanker vehicles, adding that the loading capacity of each tanker vehicle is 70 tons of petroleum materials and commodities.
He said that Delta Group will depend on Sudanese manpower after providing them with training. He added that Delta Petroleum Company is a multinational and have investments in several countries.
The Delta Petroleum Group is implementing investment projects in Turkey at the value of 500 million dollars, in Georgia at the value of 70 million dollars, besides Sudan at the value of 60 million dollars.
(ST)