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Sudan Tribune

Plural news and views on Sudan

Sudan oil revenue jumps 75% in April

June 7, 2009 (KHARTOUM) – Sudan’s oil revenue improved substantially from March in what appears to be a result of improvement in crude prices worldwide.

Traders in crude oil and natural gas options work on the floor of the New York Mercantile Exchange on June 3, 2009 in New York City (AFP)
Traders in crude oil and natural gas options work on the floor of the New York Mercantile Exchange on June 3, 2009 in New York City (AFP)
The Undersecretary of the Ministry of Finance and National Economy, Hafez Ata Al-Mannan was quoted by Sudan official news agency (SUNA) as saying that total oil revenue for April was $158.76 compared to $90 in March.

The figures are still far from the record revenue reached in November of $347.79 and $608 million in October.

Al-Mannan said that the share of the Government of Southern Sudan (GoSS) in oil revenues for April was $51.60 million compared to $34.98 million in March.

The share of GoSS for locally used oil was $30.59 million compared to $19.52 million in March.

He further stated that the shares of the oil producing states of Unity, the Upper Nile and South Kordofan were $3.2 million, $617,000 and $2.23 million dollars respectively. The share of Abyei area in the oil revenues for was $1.42 million dollars.

Oil prices have improved in the last few months over investors’ optimism on easing of economic recession in major industrial nations.

(ST)

1 Comment

  • Michael Biphal thot
    Michael Biphal thot

    Sudan oil revenue jumps 75% in April
    the southern sudan share from Oil is out of what? and what is the excact figure of the oil? arab stop cheating people around.
    you need to be clear once telling people crucial thing do0n’t just narrate stories that doesn’t nock the trust .you even know yourselves the reporter that what you are telling people in this website is a lie.
    how can you tell people that this is your share and you don’t tell them the share come out of this figure?

    ther is time for every thing rermber when a person his eating roasted meat he never know when will the hawk come andgraps the meat this is what is going to happen you would never know when will this power betaken away from you ,just continue eating our resource.

    Reply
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