North Sudan oil production to reach 110,000 bpd before year end: official
November 21, 2010 (KHARTOUM) –The oil production from fields in North Sudan will reach 110,000 barrels per day (bpd) by the end of 2010, an official at the oil ministry said on Sunday.
The remarks come amid raging fears on the impact of the likely South Sudan breakup on the economy of the North. The central bank governor has recently blamed these speculations for the deterioration of the Sudanese pound exchange rate versus the U.S. dollar.
Sudan’s 500,000 barrels per day of crude is mostly located in the south but the oil infrastructure is entirely in the north, whose experts control all aspects of the production. Some southern officials have said oil revenues, which are shared roughly half-half since 2005, will continue to be shared post referendum, but the north and south have yet to reach agreement on what the new sharing arrangements will be.
South Sudan is also mulling using a pipeline that would pump oil produced on its territory through a Kenyan port rather than Port Sudan. The pipeline project is still in the bidding process and will likely take several years to build if approved.
The state minister for the oil Ali Ahmed Osman told the pro-government Al-Rayaam newspaper that the current production levels of oil in the North will suffice should the South opt to secede.
He revealed that there are 50,000 bpd produced in the Greater Nile Project, 60,000 bpd in Al-Foula with 5,000-10,000 bpd expected to be added from Abu-Jabra field. Osman said that overall production in the North is 100,000 bpd at this point.
The official also downplayed reports on the rising production of oil in the disputed Abyei region lying on the North-South borders. He stressed that the North will seek other remedies to make up for the loss in oil revenue from the South including tax and monetary measures in addition to tapping other sources of revenue such as gold mines.
The Muslim north and mostly Christian and animist south agreed in 2005 to hold the referendum as part of the Comprehensive Peace Agreement (CPA) that ended a 22-year civil war in Sudan, Africa‘s largest country.
Registration for the January 9 referendum which could partition Africa’s largest country kicked off on November 15 with an air of celebration in the south and a large turn-out by local residents.
The South has accused the North this week, of seeking to intimidate the Southern voters in the capital so that they register and vote for unity. The North also alleged that the ex-Southern rebel group is leading a campaign that seeks to have Southerners in the North to abstain from registering or head South for that purpose.
If this situation is not rectified by the referendum commission, the ruling National Congress Party said it will not recognize the outcome of the vote next January.
(ST)
Young Nation
North Sudan oil production to reach 110,000 bpd before year end: official
No matter how one lies, truth always comes from the tangue of a lier. The following statement by Osman in regard to North Sudan oil production is a case in point. This particular statement reveals that the North knows exactly that Abyei Deng Kuol is part of South Sudan’s province of Bar el Ghazal, Warrap State. Follwoing is what Khartoum media and Osman say in relation to Abyei;
“The official also downplayed reports on the rising production of oil in the disputed Abyei region lying on the North-South borders. He stressed that the North will seek other remedies to make up for the loss in oil revenue from the South including tax and monetary measures in addition to tapping other sources of revenue such as gold mines” Khartoum media and Osman.
Young Nation is a BA student at UQ, Queensland
AAMA
North Sudan oil production to reach 110,000 bpd before year end: official
“The remarks come amid raging fears on the impact of the likely South Sudan breakup on the economy of the North.” Is that fear logical as the author says?.
The only one who might be in some kind of fear is the NCP as the oil money is fueling its clinging to power and protectionism policy. The normal people are producing most of their own food domestically with the exception of wheat and people can live without it or with reduced quantities of it. Most of the people don’t have the means to enjoy imported goods that need petro dollars so it wont really affect them. And also the NCP is not that transparent about oil, I personally won’t be surprised if I see them producing more oil than the south in the next 3 to 5 years (something that they won’t disclose now due to the fact that they want to share the south oil first).
Peace.
Dengcol malual
North Sudan oil production to reach 110,000 bpd before year end: official
crude oil is down in the world market for the last two quarters and you claimed the north Sudan oil production is going up. the geoeconomical cheap tactic will not going to help you economically or politically. bye bye buddy and take care of your own trash because enough is enough we. Block 14 and Block 12 will not going to reach that projection.
jalabi
North Sudan oil production to reach 110,000 bpd before year end: official
What crazy people??!!
You don’t believe that north oil is much bigger than south reserved oil??!! oil minister Dr Lual Deng who is southerner mentioned this hard fact last week and you don’t want to believe it!!! ok no problem but days will prove this fact and America who is supporting your separation will soon turn their back on you and will give you middle finger when they discover your oil is poor and doesn’t deserve to put their life in danger because of security lack in the south and they will come back to us asking for oil + arabic Gum!!
Jalabi (Abo Jalabia)